Responsibilities of the Finance Department Include, but Are Not Limited

question 120

Multiple Choice

Responsibilities of the finance department include, but are not limited to:

• A)managing the company's money.
• B)providing financial input to general business decisions.
• C)looking over everyone else's shoulder to make sure they're using money effectively.
• D)All of the above

---

Definitions:

Software Application

A computer program designed to perform a group of coordinated functions, tasks, or activities for the user's benefit.

Penny-Pinching Techniques

Strategies and methods focused on reducing expenses and conserving financial resources in a cost-effective manner.

Earned Income

The revenue generated by a nonprofit organization through the sale of goods and services, as opposed to funding received through donations or grants.

Sensitivity Analysis

A financial modeling technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.