The finance function is relatively independent of most other corporate functions. Marketing decisions, for example, might affect the firm's need for funds but are not affected by conditions in financial markets or other financing issues.

Question

Quizplus · Accepted Answer

The statement is false. The finance function is closely dependent on other corporate functions such as marketing, operations, and strategy. Marketing decisions can affect the firm's financial needs and financial markets can impact the company's marketing decisions. Financing issues can also influence operational decisions and strategic planning.

The Finance Function Is Relatively Independent of Most Other Corporate