Of the following activities,which is MOST likely to be an interaction between the financial manager and the manufacturing manager?
A)Setting of credit policies
B)Developing a system to bill customers,pay suppliers,and track inventory
C)Budgeting the timing and amount of cash needed for the production schedule
D)Determining that there are a sufficient number of trained workers to develop the product

Question

Quizplus · Accepted Answer

Budgeting the timing and amount of cash needed for the production schedule involves coordination between the manufacturing and financial managers to ensure that production needs are met while minimizing cash flow issues. This requires collaboration between the two managers to make informed decisions about resource allocation and production schedules. The other activities listed could also involve collaboration between the financial and manufacturing managers, but budgeting cash flows is likely to require the most direct interaction.

Of the Following Activities,which Is MOST Likely to Be an Interaction