Financial management is BEST described by which of the following?

Question

Quizplus · Accepted Answer

Financial management involves using financial data and other information to make strategic decisions related to budgeting, investing, and managing resources. It relies on financial statements and other reports prepared by accountants to make these decisions. While the CEO may be involved in financial management, it is typically performed by a team of financial professionals within a company. Financial management is not the same as accounting, although it does rely on accounting information to make decisions.

Financial Management Is BEST Described by Which of the Following