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

Question

Quizplus · Accepted Answer

Managerial finance involves tasks such as budgeting, financial forecasting, cash management, and funds procurement. Option A is incorrect because accounting recognizes funds on an accrual basis, not managerial finance. Option B is incorrect because that is the domain of financial services or investment banking. Option C is incorrect because while collecting and presenting financial data is a vital part of managerial finance, it is not the only focus.

Managerial Finance