Q4
In his traditional role the finance manager is responsible for ___________.
A.
proper utilisation of funds
B.
arrangement of financial resources
AnswerC.
acquiring capital assets of the organization
D.
efficient management of capital
Answer: Option B
Solution
Answer: Option B
Solution:
In his traditional role the finance manager is responsible for arrangement of financial resources. Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.