Which of the Following Is a Major Duty of a Financial

question 57

Multiple Choice

Which of the following is a major duty of a financial manager?
I. To make investment decisions
II. To make financing decisions
III. To manage cash flow from operating activities

• A) I only
• B) I and II only
• C) I and III only
• D) all of the above

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Definitions:

Decision Criterion

The threshold or standard set by an individual or system to decide between alternatives.

Weber's Law

A principle in psychology that states the smallest change in a stimulus that can be detected is a constant proportion of the original stimulus's intensity.

Lit Candles

Candles that have been ignited to produce light or fragrance, often used for ambiance or ceremonial purposes.

Illumination

The delivery of light to an area, making it visible or more brightly lit; also refers to understanding or enlightenment.