Question

What qualifications are necessary for carrying out the role and responsibility of a financial manager?

a.

Thorough knowledge of financial accounting, sound understanding of microeconomics, and exposure in money market operations.

b.

Thorough knowledge of financial accounting, sound understanding of macro and international economics, and expertise in money market and capital market operations.

c.

Thorough knowledge of managerial accounting, sound understanding of microeconomics, and expertise in capital market operations.

d.

Thorough knowledge of financial analysis, sound understanding of macroeconomics, and exposure in money market operations.

Posted under IC 89 Management Accounting

Answer: (b).Thorough knowledge of financial accounting, sound understanding of macro and international economics, and expertise in money market and capital market operations. Explanation:To carry out the role and responsibility as a financial manager, one must have thorough knowledge of financial accounting, sound understanding of macro and international economics, and expertise and exposure in money market and capital market operations.

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Q. What qualifications are necessary for carrying out the role and responsibility of a financial manager?
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