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introduction to Business Finance 1. State whether the following statement is true or false. a) Finance is the art and science of managing money. b)

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introduction to Business Finance 1. State whether the following statement is true or false. a) Finance is the art and science of managing money. b) The roles of the financial manager include making investment and financing decisions. c) Generally, all directors are responsible for managing the day-to-day operations of a company. d) The goal of the financial manager is to maximise directors' wealth. 2. Managerial finance (or business finance) is only relevant to a . Facility Director of a nursing home but not to a nurse. CEO of a bank but not an IT officer. Choose any one of the above scenario and comment whether you agree or disagree with the above statement. Explain why. 3. Describe the three functions of a finance manager of your favourite retail or F&B outlet and give a relevant example in each function

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