One of the Challenges of Effective Financial Management Is

Multiple Choice

One of the challenges of effective financial management is:

A) working within the strict regulations of the Financial Accounting Standards Board (FASB) .
B) to have sufficient cash on hand without compromising the firm's investment potential.
C) providing the financial data in a timely manner for management consultants to improve decision making.
D) ensuring the satisfaction of each of the stakeholder groups.