Which of the following is the responsibility of a finance manager?
A) processing purchase orders and invoices
B) ensuring accounts payable are paid on time
C) preparing the monthly income statement
D) analyzing the capital needs of the firm

Question

Quizplus · Accepted Answer

Analyzing the capital needs of the firm is a key responsibility of a finance manager, as they are responsible for overseeing the financial health of the company and ensuring it has sufficient funds to meet its obligations and pursue growth opportunities. Processing purchase orders and invoices and ensuring accounts payable are paid on time are more typically the responsibility of an accounts payable clerk or manager, while preparing the monthly income statement may be the responsibility of a financial analyst or accountant.

Which of the Following Is the Responsibility of a Finance