Financial Managers Are BEST Described by Which of the Following

question 24

Multiple Choice

Financial managers are BEST described by which of the following?

• A) They focus on profit maximization.
• B) They track how money is flowing into and out of the firm.
• C) They play such an important organizational role that they often are called operations managers.
• D) They are not typically involved in long-term strategic planning.

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Definitions:

Hereditary Aristocracy

A social class of nobility or the elite, whose status, privileges, and titles are passed down through family lines, often linked to lineage rather than personal achievement.

Unchallenged Heads

generally describes leaders or individuals in positions of authority who face little to no opposition or competition.

American Revolution

A colonial revolt that took place between 1765 and 1783, in which the Thirteen American Colonies won independence from Great Britain, becoming the United States of America.

Property Qualification

Historical voting or office-holding requirement that mandated individuals own a certain amount of property or land to participate in the political process.