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solniwko [45]
3 years ago
11

The role of the financial manager is closely related to three main cash-related activities: Financing Investing Operating.

Business
1 answer:
dem82 [27]3 years ago
8 0

Answer:

b. False

Explanation:

The role of financial manager has different perspectives, ensuring that the required funding for positive NPV projects  is available such that the firm can increase its shareholders' wealth by investing in profitable investment opportunities.

Investing means when the funds are made available , the manager must priotize those projects with higher opportunities over those with lower growth opportunities.

Lastly, the financial manager is responsible for dividend decisions, what fraction of earnings should be paid out to shareholders as dividends)not operating decisions)

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Paytonics Inc., a microchip manufacturing company, is hiring for the position of marketing manager for its new division. Patrick
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Answer:

The correct answer is letter "D": job specification.

Explanation:

Job specification files include all the positions within a firm, the duties of the individuals in charge, and the profile of the professional who will cover those activities. Certifications, qualifications, and skills are described in detail in those documents that serve as a guide for Human Resources (HR) representatives at the moment of carrying out a selection process.

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Karen Smith bought Coca-Cola stock for $475 on March 31, 20X1. On November 15, 20X1, Karen received a non-taxable distribution o
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Answer:

$20 loss

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7 0
3 years ago
The general journal is used to: a. post all accounting entries not posted in other individual journals. b. post all accounting e
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Answer: The general journal is used to post all accounting entries.

Explanation:

The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.

It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.

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3 years ago
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