Which of the following statement is true about financial managers? I. The principal goal of a financial manager is to maximize the wealth of the stockholders II. It is generally not the duty of financial managers to ensure that a firm has the cash it needs for day-to-day transactions III. In general, financial managers make financial decisions in a corporation, rather than the shareholders making these decisions themselves IV. It is generally not the duty of financial managers to make decisions on how projects will be financed O I and III only O I only OI, III, and IV only OI and II only
Which of the following statement is true about financial managers? I. The principal goal of a financial manager is to maximize the wealth of the stockholders II. It is generally not the duty of financial managers to ensure that a firm has the cash it needs for day-to-day transactions III. In general, financial managers make financial decisions in a corporation, rather than the shareholders making these decisions themselves IV. It is generally not the duty of financial managers to make decisions on how projects will be financed O I and III only O I only OI, III, and IV only OI and II only
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
Problem 1PS
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1. The principal goal of a financial manager is to maximize the wealth of the
stockholders
II. It is generally not the duty of financial managers to ensure that a firm has
the cash it needs for day-to-day transactions
III. In general, financial managers make financial decisions in a corporation,
rather than the shareholders making these decisions themselves
IV. It is generally not the duty of financial managers to make decisions on how
projects will be financed
O I and III only
O I only
OI, III, and IV only
O I and II only
W"
Transcribed Image Text:Which of the following statement is true about financial managers?
1. The principal goal of a financial manager is to maximize the wealth of the
stockholders
II. It is generally not the duty of financial managers to ensure that a firm has
the cash it needs for day-to-day transactions
III. In general, financial managers make financial decisions in a corporation,
rather than the shareholders making these decisions themselves
IV. It is generally not the duty of financial managers to make decisions on how
projects will be financed
O I and III only
O I only
OI, III, and IV only
O I and II only
W
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