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What is the most important type of decision that the financial manager makes?

A) Operational decisions
B) Tactical decisions
C) Strategic decisions
D) Routine decisions

1 Answer

5 votes

Final answer:

The most important type of decision that the financial manager makes is Strategic decisions. These decisions involve long-term planning and determine the direction and goals of a company.

Step-by-step explanation:

The most important type of decision that the financial manager makes is C) Strategic decisions. These decisions involve long-term planning and determine the direction and goals of a company. Strategic decisions often revolve around areas such as investment, financing, and capital structure.

For example, a financial manager might make a strategic decision to seek external funding for a new project or to pursue a merger or acquisition with another company. These decisions have a significant impact on the overall success and growth of the organization.

By carefully considering different factors and conducting thorough analysis, financial managers can make informed strategic decisions that align with the company's objectives and help drive its future success.

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