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Which of the following decisions is not normally taken by a Finance Manager?

a. Dividend Payments. b. Financing Decision. c. Procurement of Raw Material d. Investment Decision.

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Question added by Deleted user
Date Posted: 2014/09/03
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

a. Payment of Dividend:

Recommendations for payment of Dividend can be done by a Finance Manager but the Dividend declaration is purely at the Discretion of Board of Directors subject to ratification in the AGM or Extra Ordinary General Meeting of Shareholders. 

 

 

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

Answer C - procurement of materials

 

payment of dividend is related to him (not declaring dividend)

Anayatullah Tahir
by Anayatullah Tahir , Accounting Consultant , Various

C. Procurement of Raw Material is normally decided by Procurement Manager

Aziz ur Rehman ur Rehman
by Aziz ur Rehman ur Rehman , Assistant Manager Finance , Central Power Puchasing Agency (CPPA)

c. Procurement of Raw Material 

it is purely the task of purchasing department

Tanveer Qureshi
by Tanveer Qureshi , Director , Qureshi Associates

D. Payment of Dividend, which is decided by Board of Directors. 

Deleted user
by Deleted user

a. Dividend Payments. 

 

This decision is made by stakeholders