What are the responsibilities of financial manager?

Answer Posted / j.fathima sithara

The finance manager is a person,whose responsibility is to
gave more importance to the wealth maximization than
profit maximization.because concentrating in profit is a
short term process,while wealth maximization is a long term
process.

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you know about BRIC countries?

620


Dealer management in the automoblie company?explain?

1634


Share your views on Small and Medium Enterprises?

575


Why do you banking as a career?

660


In which year national housing bank (nhb) started its operation?

624






How many alpha- numeric numbers are there in total in a PAN Card?

605


What is the short cut to filter the information based on the monetary value all most from all report screens in Tally ERP 9?

734


What Are The Rights And Obligations Of The Buyer And Seller For The Call And Put Options?

616


What are the various departments of RBI?

639


Who is Underwriter?

658


What are the disadvantages proprietary firms?

662


What is liquid ratio?

733


What's Merchant Banking?

656


How Does The Single Supervisory Mechanism Operate?

617


What do you mean by financial accounting?

593