Financial managers constantly strive for a balance between which of the following?
A) common and preferred shares
B) economic responsibility and social responsibility
C) cash and marketable securities
D) the opportunity for profit and the potential for loss

Question

Quizplus · Accepted Answer

Financial managers need to balance the opportunity for profit with the potential for loss. In order to achieve their financial goals, managers have to take calculated risks, but they need to be conscious of potential losses and take steps to mitigate them. This requires balancing the potential for profit with the potential for risk.

Financial Managers Constantly Strive for a Balance Between Which of the Following