The financial manager may be responsible for any of the following EXCEPT
A) monitoring of quarterly tax payments.
B) analyzing budget and performance reports.
C) determining whether to accept or reject a capital asset acquisition.
D) analyzing the effects of more debt on the firm's capital structure.

Question

Quizplus · Accepted Answer

While monitoring tax payments is a financial responsibility, it is typically the role of the accountant or tax manager, not the financial manager. The other three options listed are all within the scope of the financial manager's role.

The Financial Manager May Be Responsible for Any of the Following