The financial manager has three main tasks in maximizing the wealth of the stockholders. Which one of the following is FALSE? de Investment decision: the financial manager must weigh the costs and benefits of each investment or project. b. Corporate governance decision: the financial manager need to appoint a board of directors to set out the overall strategic direction while taking into account the interest of other stakeholders. CC Cash management decision: the financial manager must ensure that the firm has enough cash on hand to meet its obligations at each point in time Od Financing decision: the financial manager must decide whether to raise more money from new and existing owners by selling more shares or to borrow the money instead. e. None of the answers are correct