Which of the following is a responsibility of a financial manager?

A. Prepare internal reports for sales
B. Set performance goals for individual departments
C. Secure funding for investments
D. Research trends in product development



Answer :

Final answer:

Financial managers secure funding for investments to support organizational growth and success.


Explanation:

Financial managers have various responsibilities, one of which is to secure funding for investments. This involves analyzing financial data, understanding the organization's financial goals, and sourcing the necessary funds for projects and growth.

For example, a financial manager might assess different sources of funding like loans, issuing bonds, or seeking investors to support the organization's strategic initiatives.

By securing the right funding, financial managers contribute to the organization's growth and success.


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