Which of the following is a duty of a financial manager in a business firm?
A) developing marketing plans
B) controlling the stock price
C) raising financial resources
D) auditing financial records
C
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Answer the following statements true (T) or false (F)
One hypothesis of agency theory is that management attempts to maximize its own welfare by minimizing the various agency costs arising from monitoring and contracting.
Describe how and why, during times of economic turmoil, a company may focus its cost cutting and revenue enhancement efforts on its supply chain.
What will be an ideal response?
When you analyze your audience, you
A) identify the reaction you will have to the reader's needs. B) adapt your message tone after observing any negative reaction. C) examine your relationship with the reader. D) present external evidence to support your logos. E) decide on the purpose that suits each reader.
Which of the following is irrelevant to the decision to eliminate an unprofitable segment?
A. Common fixed costs B. Segment revenue C. The segment margin D. Direct fixed costs