Question discussion

In his traditional role the finance manager is responsible for ___________.

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In his traditional role the finance manager is responsible for ___________.
  • Aproper utilisation of funds
  • Barrangement of financial resources
  • Cacquiring capital assets of the organization
  • Defficient management of capital
Correct answer: B

Discussion 1

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CCommunity
arrangement of financial resources

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.