Best answer: Which of the following best describes the role of a financial manager?

Which of the following best describes financial managers?

Which of the following best describes financial managers? They are employed by firms to help plan and manage a company’s financial resources. Which of the following is true of corporate accounting?

Which one of the following best describes the goal of a financial manager in a corporation?

What best describes the goal of financial management? A goal of financial management can be to maximize shareholder wealth by paying dividends and/or causing the market value to increase.

Is the function in business that is responsible for acquiring funds for the firm and managing funds within the firm is called?

FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets.

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What business function of the company would prepare tax returns?

Accounting is a business function focused on keeping track of the company’s financial information. Accounting will prepare any necessary reports for internal and external communications, such as annual tax returns or reporting to shareholders.

Which of the following best describes the role of financial statement analysis?

Which of the following best describes role of financial statement analysis? its future performance and financial position. The role of financial statement analysis is best described as: … using financial reports prepared by analysts to make economic decisions.

Which one of the following best describes the financial accounting function?

Which definition best describes financial accounting? Measuring a company’s business activities and communicating those measurements to external parties. Financial accounting provides information primarily to: Investors and creditors.

What is the main goal of a firm quizlet?

The goal of the firm is to create value for the firm’s legal owners (that is, its shareholders). Thus the goal of the firm is to “maximize shareholder wealth” by maximizing the price of the existing common stock.

Which best describes the goal of the firm?

Which of the following best describes the goal of the firm? … Maximizing the value of the firm’s equity.

Which of the following describes the primary goal of a firm?

The Goals of a Business. The primary purpose of a business is to maximize profits for its owners or stakeholders while maintaining corporate social responsibility.

What is the role of finance in the business?

Finance is the function within a business that is responsible for overseeing acquired funds, managing existing funds and preparing for future expenditures of funds. Financial management abets a company in meeting their strategic and financial objectives.

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What is the role of finance in marketing?

They determine how much money a department receives, and whether the investment will grow or shrink and at what rate. It’s incredibly important for Finance to understand the strategic nature of the work your marketing team does. … They have incredible amount of influence on the money that flows to marketing.

What is role of finance department in a company?

The finance department is also responsible for management of the organization’s cashflow and ensuring there are enough funds available to meet the day-to-day payments. … Where there are cash needs beyond the day to day working capital, the finance department is responsible for advising and sourcing longer term financing.