Erick's Transition Erick Is Currently a Manager of a Small

question 176

Multiple Choice

Erick's Transition Erick is currently a manager of a small financial planning firm.He is seeking a new career with a large corporation in the banking industry.He recently applied for the financial manager opening at G & T Bank.He is concerned that the transition from his small firm to a large corporation will be difficult.To better prepare himself for this change,he has decided to enroll in a few business classes to strengthen his understanding of corporate finance.The business classes have proven to be a valuable tool for learning the critical skills needed to fully understand a financial plan,equity financing,and debt financing.Erick now believes he has strengthened his competitive advantage in his quest for the job.
-Refer to Erick's Transition.Erick's business classes taught him that the financial manager should do which of the following?

• A) Determine the best way to raise money.
• B) Ensure the business success of the company.
• C) Ensure that projected uses are in keeping with the organization's goals.
• D) Both A and B.
• E) Both A and C.

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Definitions:

Tories

A political faction and then party in Great Britain that evolved into the Conservative Party, traditionally representing royalist, Anglican, and later conservative interests.

Charles II

A king of England, Scotland, and Ireland who reigned during the Restoration period after the English Civil War.

Elizabeth I

Elizabeth I was the Queen of England and Ireland from 1558 until her death in 1603, known for her strong leadership during a period of religious turmoil and for fostering the English Renaissance.

James I

James I was the King of England and Ireland as James I (from 1603) and King of Scotland as James VI (from 1567), known for his authorization of the King James Bible.