In planning and managing the requirements of the firm, the financial manager is concerned with
A) the mix and type of assets, but not the type of financing utilized.
B) the type of financing utilized, but not the mix and type of assets.
C) the acquisition of fixed assets, allowing someone else to plan the level of current assets required.
D) the mix and type of assets, the type of financing utilized, and analysis in order to monitor the financial condition.

Question

Quizplus · Accepted Answer

The financial manager is concerned with both the mix and type of assets as well as the type of financing utilized in order to ensure that the firm's requirements are effectively planned and managed. Financial analysis is also necessary to monitor the firm's financial condition. Option A and B are incorrect as they only focus on one aspect and Option C is incorrect as the planning of current assets is also important.

In Planning and Managing the Requirements of the Firm, the Financial