Financial managers are best described by which of the following?
A) They focus on profit maximization.
B) They track how money is flowing into and out of the company.
C) They play such an important organizational role that they often are called operations managers.
D) They are not typically involved in long-term strategic planning.

Question

Quizplus · Accepted Answer

Financial managers are responsible for tracking the flow of money into and out of the company, managing financial risks, developing financial strategies, and ensuring the overall financial health of the organization. They are not solely focused on profit maximization, do not typically play an operational role, and are typically involved in long-term strategic planning.

Financial Managers Are Best Described by Which of the Following