Which of the following statement is required for maintaining Inter-relation with other departments by finance manager? a. He must be well versed in the field of capital budgeting techniques to determine the effective utilization of investment b. He should have sound knowledge not only in finance related area but also well versed in other areas of activity c. He must concentrate to the principles of safety, liquidity and profitability while investing capital d. He is responsible to estimate the financial requirement of the business concern

Which of the following statement is required for maintaining Inter-relation with other departments by finance manager? a. He must be well versed in the field of capital budgeting techniques to determine the effective utilization of investment b. He should have sound knowledge not only in finance related area but also well versed in other areas of activity c. He must concentrate to the principles of safety, liquidity and profitability while investing capital d. He is responsible to estimate the financial requirement of the business concern

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter2: Financial Reporting: Its Conceptual Framework

Section: Chapter Questions

Problem 4C

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