The financial manager for a typical corporation is responsible for

A) designing the accounting system
B) gathering,recording,and reporting financial information
C) determining the most appropriate sources and uses of funds
D) preparing operating budgets for various departments

Financial Manager

A professional responsible for managing the financial health of an organization by developing strategies and plans for the long-term financial goals of their organization.

Accounting System

A structured process of collecting, recording, summarizing, and reporting financial transactions to oversee a company's financial health.

Operating Budgets

Detailed projections of income and expenses associated with the daily operations of a company over a specific period.