The finance manager manages the short-term balance sheet items of the company, such as current assets and current liabilities

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Which of the following statement is INCORRECT?
 

Question 20 options:

 

1) 

The finance manager manages the short-term balance sheet items of the company, such as current assets and current liabilities.
 

2) 

The finance manager uses investment evaluation techniques to decide whether to purchase fixed assets.
 

3) 

The finance manager seeks to maximise the firm’s wealth when deciding on the choice of capital sources such as debts and equity.
 

4) 

The right-hand side of the balance sheet refers to the company’s investment decisions to buy fixed assets to generate returns.
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