Which of the following, if true, does NOT strengthen the case that Aar

QUESTION

Which of the following, if true, does NOT strengthen the case that Aardvark needs to hire a full-time financial manager?

A) The company needs its cash flow to be continuously monitored.
B) The company needs to determine how to market its products so as to reach the largest number of customers.
C) The company needs to have its excess funds invested in high-growth opportunities.
D) The company needs to have financial goals mapped out for it.
E) The company needs to have good sources of funding identified.

ANSWER

Answer: B
Explanation: B) This would not be the role of a financial manager, but of a marketing manager. A financial manager would keep track of and help plan the expenditures and revenues of the company but would not determine how best to reach potential customers.