The financial manager may be responsible for any of the following EXCEPT
A) analyzing the effects of more debt on the firm's capital structure.
B) keeping track of quarterly tax payments.
C) analyzing quarterly budget and performance reports.
D) determining whether to accept or reject a capital asset acquisition.

Question

Quizplus · Accepted Answer

While the financial manager is responsible for many financial activities, keeping track of quarterly tax payments is typically the responsibility of the accounting department. The other options listed are all within the typical scope of responsibilities for a financial manager.

The Financial Manager May Be Responsible for Any of the Following