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Questions and Answers
Who do financial managers (FM) typically report to?
Who do financial managers (FM) typically report to?
- Human resources department
- Marketing department
- Senior management (correct)
- Operations management
What is the main objective of financial management?
What is the main objective of financial management?
- Maximizing cash flow
- Maximizing credit
- Maximizing profitability (correct)
- Minimizing expenses
What is one of the short-run objectives of financial management?
What is one of the short-run objectives of financial management?
- Increasing long-term liabilities
- Maximizing long-term profits
- Expanding current assets
- Maintaining proper cash flow (correct)
What does financial management generally focus on in terms of working capital management?
What does financial management generally focus on in terms of working capital management?
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What does long term strategic financial management include?
What does long term strategic financial management include?
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