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:

Sensory Nerves

Nerves that transmit information from sensory receptors to the brain and spinal cord, allowing for the perception of stimuli.

Optic

pertains to the eye or vision, often used in contexts relating to the optic nerve or optic pathways in the visual system.

Broca's Area

Broca's area is a region in the frontal lobe of the dominant hemisphere (usually the left) of the brain associated with speech production and language processing.

Cerebral Cortex

A layer of brain tissue responsible for cognitive functions, memory, and consciousness.