The primary goal of financial managers is best described by which of the following?
A) They concentrate on short-term growth strategies.
B) They develop new goods and services for the company.
C) They ensure all employees are paid on a regular schedule.
D) They maximize the value of the company to its owners.

Question

Quizplus · Accepted Answer

Financial managers strive to maximize the value of the company to its owners, which often requires a long-term focus on decisions related to investments, financing, and dividend policies. While paying employees regularly is an important responsibility of financial managers, it is not their primary goal. Developing new goods and services is typically the domain of product managers or innovation teams, not financial managers. Financial managers may play a role in evaluating the financial feasibility of new projects, but their focus is on maximizing shareholder value rather than generating new ideas.

The Primary Goal of Financial Managers Is Best Described by Which