The Role and Responsibilities of Financial Managers

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Saanya is a member of the financial management team of Crux Company Ltd. She deals exclusively with the company's accounting and financial reporting. What is Saanya's role?

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1. Who on a financial management team is in charge of making sure the company is appropriately insured?

2. How are the responsibilities of a credit manager different from the responsibilities of a cash manager?

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About This Quiz & Worksheet

This quiz and attached worksheet will help gauge your understanding of the responsibilities of financial managers. Topics you will need to know in order to pass the quiz include roles of financial management teams and financial management activities.

Quiz & Worksheet Goals

Use these assessment tools to measure your knowledge of:

  • Member of the financial management team in charge of a company's accounting and financial reporting
  • Financial management team individual responsible for ensuring employment insurance
  • Person responsible for making sure that the company's debts are collected
  • Financial management activity that involves determining external resources that come into a company
  • Activity in financial management concerned with a company's long-term investments

Skills practiced

This worksheet and quiz let you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related responsibilities of financial managers lesson
  • Critical thinking - apply relevant concepts to examine information about a company's external resources in a different light
  • Interpreting information - verify that you can read information regarding the activities of financial management and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the various roles and responsibilities of financial managers

Additional Learning

To learn more about the responsibilities of financial managers, review the lesson, The Role and Responsibilities of Financial Managers, which defines the following terms and phrases:

  • Financial management
  • Financing
  • Dividend policy
  • Controller
  • Treasurer
  • Cash and credit managers
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