Asked by Faith DeNoyer on Apr 26, 2024
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Financial managers are responsible for increasing profits to shareholders.
Financial Managers
Professionals responsible for the financial health of an organization, including planning, directing investment activities, and managing financial reports.
Profits
The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.
Shareholders
Individuals or entities that own shares in a corporation, giving them partial ownership and a potential say in company decisions.
- Recognize the duties and obligations of primary financial management roles in corporations.
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Learning Objectives
- Recognize the duties and obligations of primary financial management roles in corporations.
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