Which of the following options best describes how financial managers primarily contribute to their firms' success?

Question

Quizplus · Accepted Answer

Financial managers primarily contribute to their firms' success by making investment and finance decisions that aim for company growth and stability. Profit maximization and cost reduction are important goals, but they are not the primary focus and may not always be in the best interest of the company's long-term success. Investing in sound advice from independent advisers can be helpful, but ultimately it is the financial manager's responsibility to make the best decisions for the company based on its specific needs and goals.

Which of the Following Options Best Describes How Financial Managers