Financial Managers must know how to interpret a company's financial statements to effectively allocate the firm's financial resources and generate the best return possible for the company in the long run.
<h3>Financial Managers</h3>
They analyze the company's finances and report on the finding to their senior managers to maximize profits. Their role mainly includes:
- Prepare financial reports
- Review financial information
- Analyze market position for growth purposes
As with enhancement in technology, financial manager's role is mainly shifted from preparations of reports to analysis and determine the best possible ways for companies to expand.
<h3>Multiple Selections</h3>
Keeping in view the above points mentioned, the financial managers cannot recruit suitable candidates not setting the price of the company's product is their duty. Therefore, these points are invalid.
However, their roles do include allocating the firm's financial resources and generating the best returns for the company to grow in the long run.
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