Which of the following is not a duty of a ﬁnancial manager?"
A) Deciding how much interest to pay the holders of the corporation's bonds.
B) Deciding the mix of long-term debt and equity.
C) Deciding which projects a ﬁrm should undertake.
D) Deciding how much short-term debt to use.
E) Deciding on the optimal product mix to sell.

Question

Quizplus · Accepted Answer

Deciding on the optimal product mix to sell is typically the responsibility of a marketing manager, not a financial manager. The other duties listed (deciding interest rates, determining long-term debt/equity mix, choosing projects, and deciding on short-term debt usage) are all responsibilities of a financial manager.

Which of the Following Is Not a Duty of a ﬁNancial