What Is the Most Important Duty of a Financial Manager

question 50

Multiple Choice

What is the most important duty of a financial manager?

• A)to ensure that the firm has enough cash on hand to meet its commitments at any given time
• B)to decide how to pay for investments
• C)to manage working capital
• D)to make investment decisions
• E)to minimize taxes

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Definitions:

Positional Tolerancing

A method of specifying the permissible variation in the position of a part feature relative to its intended design location.

Small Round Holes

Tiny circular openings, typically created through drilling or punching in a material for various purposes.

Coordinate Tolerance

The allowable deviation from the true position specified for a feature in relation to a referenced coordinate system.

Positional Tolerance

A geometric dimensioning and tolerancing (GD&T) concept that specifies the allowable variation in the position of a feature relative to its ideal position.