A$.$ Carefully examine the fundamental roles and responsibilities of the financial manager of a listed company, as highlighted in the article. Discuss how these roles contribute to organisational success and shareholder value. $(20)$

B$.$ Critically review capital cost by considering capital financing methods and associated risks and return, as discussed in the article. Analyse the implications of capital structure decisions on the financial health of organisations. $(20)$

C$.$ Investigate, in depth, the investment strategies of different companies using valuation techniques from an investor$$s perspective. Evaluate the impact of diversification on expected return and risk management from an investor's standpoint. $(20)$

D$.$ Examine the influence of credit management and debt collection on an organisation$$s financial liquidity, using examples from the Steinhoff case to illustrate key concepts. Evaluate best practices in credit risk management. $(20)$

E$.$ Discuss the impact of accounting mismanagement on various stakeholders of the company. Specifically, consider the effects on shareholders, employees, customers, suppliers, and the broader financial market. Furthermore, explain the importance of the principles laid down under the King IV Code of Ethics and Corporate Governance in South Africa and how adherence to these principles could have mitigated the impact of the fraud. $(20)$