A financial executive devotes the most time to
A) long-range planning.
B) capital budgeting.
C) short-term financing.
D) working capital management.

Question

Quizplus · Accepted Answer

The financial executive devotes the most time to working capital management, which involves managing the day-to-day operations of the firm's finances, such as managing cash flow, accounts receivable, and inventory levels. While long-range planning and capital budgeting are important functions of financial executives, they typically require input from other departments and may not occupy the majority of their time. Short-term financing is also important, but it is typically a smaller part of the overall financial picture compared to working capital management.

A Financial Executive Devotes the Most Time to