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Which Is Not a Duty of a Financial Manager

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Which is not a duty of a financial manager?


Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and a stake in the company's performance.

Journal Entry

A record in accounting that shows the financial transactions of a company in terms of debits and credits.

Cost Method

An accounting approach where investments are recorded at their acquisition cost, with income recognized only when dividends are received from the investee.

Dividends

Money disbursed to shareholders by a corporation, often coming from the profits of the business.

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