Today's financial managers are simply told how much money their companies need to raise each year. It is their duty to secure that financing. They have little involvement in decisions about how much money is needed and why...

Question

Today's financial managers are simply told how much money their companies need to raise each year.  It is their duty to secure that financing. They have little involvement in decisions about how much money is needed and why...

Quizplus · Accepted Answer

Financial managers play a crucial role in determining how much money their companies need to raise by closely working with other departments to forecast financial needs, analyze investment opportunities, and develop strategies for how the money will be used to meet the company's goals. They are not merely told a figure to raise; they are integral in deciding that figure based on strategic financial planning.

Today's Financial Managers Are Simply Told How Much Money Their