What is the primary role of finance managers in an organization?a.Maximizing shareholder wealthb.Minimizing costsc.Maximizing revenued.Minimizing risks

The primary role of finance managers in an organization is a. Maximizing shareholder wealth.

Here's a step-by-step explanation:

1. Understanding the role: Finance managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

2. Maximizing shareholder wealth: This is the primary goal of a finance manager. They are responsible for making decisions that increase the value of the company and, in turn, increase the value of the shares held by shareholders. This can be achieved through various strategies such as investing in profitable projects, reducing costs, increasing revenues, and managing risks.

3. Other roles: While minimizing costs, maximizing revenue, and minimizing risks are important tasks of a finance manager, they are all means to the end goal of maximizing shareholder wealth. For example, minimizing costs can lead to higher profits, which can increase the value of the company and thus increase shareholder wealth. Similarly, maximizing revenue and minimizing risks can also contribute to increasing shareholder wealth.

So, while all the options are part of a finance manager's role, the primary role is to maximize shareholder wealth.