In planning and managing the requirements of the firm, the financial manager is concerned with
A) the mix and type of assets, the type of financing utilized, and analysis in order to monitor the financial condition.
B) the acquisition of fixed assets, allowing someone else to plan the level of current assets required.
C) the type of financing utilized, but not the mix and type of assets.
D) the mix and type of assets, but not the type of financing utilized.

Question

Quizplus · Accepted Answer

The financial manager is concerned with the mix and type of assets, the type of financing utilized, and analysis in order to monitor the financial condition. This includes managing the firm's investments, determining the appropriate levels of debt and equity financing, and analyzing financial statements to assess the overall financial health of the company. Choice B is incorrect because the financial manager is also responsible for managing current assets, not just fixed assets. Choices C and D are incorrect because the financial manager is responsible for both the mix and type of assets, as well as the type of financing utilized.

In Planning and Managing the Requirements of the Firm, the Financial