In his traditional role the finance manager is responsible for ___________.
A. proper utilisation of funds
B. arrangement of financial resources
C. acquiring capital assets of the organization
D. efficient management of capital
Answer: Option B
Solution(By Examveda Team)In his traditional role the finance manager is responsible for arrangement of financial resources. Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.
A. too low
B. too high
D. inefficient portfolio
A. Informational content
B. Reduction of uncertainty
C. Some investors' preference for current income
D. All of the above.
C. money value
D. stock value