Podcast
Questions and Answers
What is the primary goal of financial management?
What is the primary goal of financial management?
- Maintain the wealth of the shareholders
- Minimize the wealth of the shareholders
- Ignore the wealth of the shareholders
- Maximize the wealth of the shareholders (correct)
Which of the following best describes the role of a Finance Manager?
Which of the following best describes the role of a Finance Manager?
- Marketing and sales
- Strategic financial planning (correct)
- Human resource management
- Operational management only
In a typical organization, the Finance Department usually reports to:
In a typical organization, the Finance Department usually reports to:
- Marketing Department
- Chief Financial Officer (correct)
- Production Department
- Human Resources Department
What is a key responsibility of the Finance Manager?
What is a key responsibility of the Finance Manager?
Which of the following is NOT a major type of decision made by a Finance Manager?
Which of the following is NOT a major type of decision made by a Finance Manager?
What does ROA stand for in finance?
What does ROA stand for in finance?
How does financial management differ from financial accounting?
How does financial management differ from financial accounting?
Which department is likely to closely collaborate with the Finance Department to manage cash flow effectively?
Which department is likely to closely collaborate with the Finance Department to manage cash flow effectively?
What is the significance of financial management for a business?
What is the significance of financial management for a business?
What makes a Chief Financial Officer (CFO) a key player in an organization?
What makes a Chief Financial Officer (CFO) a key player in an organization?
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