**Quiz Question: Finance Department Responsibilities**One very important responsibility of the finance department in both large and small businesses involves acquiring needed funds to operate the business.**True or False**- [True]- [False]This question addresses the critical role of finance departments in ensuring businesses have the necessary capital to conduct operations effectively.(Note: This is question 9 out of 10 in a quiz format. Navigation options are available for previous (Prev) and next (Next) questions.)

Finance management is crucial for the success of all companies. It might not be as observable as…

Answered: One very important responsibility of…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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A prospectus is provided to disclose information when the corporation is selling new issues of securities to potential investors. True or False True False
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Cost benefit analysis is a complex approach that considers the cash flows or the value of money over a period of time. True or False
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Which of the following refers to the rate that bond investors expect to get for investing in a bond?

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One very important responsibility of the finance department in both large and small businesses involves acquiring needed funds to operate the business. True or False True False