Managerial finance
A) involves tasks such as budgeting, financial forecasting, cash management, and funds procurement.
B) devotes the majority of its attention to the collection and presentation of financial data.
C) recognizes funds on an accrual basis.
D) involves the design and delivery of advice and financial products.

Question

Quizplus · Accepted Answer

Managerial finance involves a variety of tasks related to managing and utilizing financial resources in a business or organization. This includes budgeting, financial forecasting, managing cash flow, and obtaining funds for operations or investments. While financial data collection and presentation are important, they are only a part of the broader role of managerial finance. Accrual basis accounting is commonly used in financial reporting, but this is not the defining feature of managerial finance. Finally, while advice and financial product delivery may be a part of the role of a financial manager, this is not the primary focus of managerial finance as a discipline.

Managerial Finance