Financial Management Is Best Described by Which of the Following

question 125

Multiple Choice

Financial management is best described by which of the following?

• A) It is typically performed by a company's CEO.
• B) It uses financial statements prepared by accountants to make financial decisions.
• C) Its purpose is to collect and present financial data.
• D) It is completely different from accounting.

---

Definitions:

Code of Ethics

A set of principles and standards that guide the behavior and decision-making of individuals or groups within a profession.

Benner's Levels

A theoretical framework by Patricia Benner that describes the stages of clinical competence in nursing, from novice to expert.

Proficiency

A high degree of competence or skill achieved in a particular area or activity.

Inservice Education

Training and education provided to employees within their work environment to enhance knowledge, skills, and competencies relevant to their job roles.