3) Finanically rich person may also lack quality of life . Justify the statement.

Answer

1

Financial 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.

Quality of life has to do with living a healthy lifestyle which encompasses enjoying good meals, having healthy friendships being able to dabble in hobbies, enjoying music and arts, etc. Furthermore, it is also about connecting to others’ struggles and lending a helping hand. So, just because one is wealthy, doesn’t mean he takes the time to invest in other “riches.”

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