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The lesson enumerates the duties of a financial manager. According to the enumerated list, which of the following is NOT listed as a function of the financial manager?
Answer & Solution
Correct answer: D.
1. The lesson lists nine duties of a financial manager.
2. Listed duties include forecasting cash flow, raising funds, managing internal funds, cost control, pricing decisions, forecasting profits, measuring required return, managing assets and managing funds.
3. Drafting the articles of association is a Company Secretary or corporate-law function, not a financial-manager function.
4. So the AoA-drafting option is the odd one out.
_Source: ICSI CS Executive Paper 8 (Financial and Strategic Management) — Lesson 1: Nature, Significance and Scope of Financial Management, pp. 6-20._
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