The Finance Function Is Responsible For

question 105

Multiple Choice

The finance function is responsible for:

• A) sales, generating customer demand, and understanding customer wants and needs.
• B) plans and coordinates all the resources needed to design, produce, and deliver the merchandise to its various retail locations.
• C) planning, coordinating, and controlling the resources needed to produce a company's products and services.
• D) managing cash flow, current assets, and capital investments.
• E) efficiency and costs.

---

Definitions:

Strategic Approach

A planned method of action designed to achieve long-term goals or overall objectives.

Maximum Impact

The greatest possible effect or influence that an action, decision, or event can have on a situation or organization.

Training Investments

Resources allocated by an organization towards the development and improvement of its employees' skills and knowledge.

Behaviour Modification

A technique that operates on the principle that behaviour that is rewarded, or positively reinforced, will be exhibited more frequently in the future, whereas behaviour that is penalized or unrewarded will decrease in frequency.