Which of the following best describes the role of financial managers? 1) Financial managers are reactive; they track money as it is used or received.
2) Financial managers are proactive; they budget where funds are supposed to be ahead of time.
3) Financial managers budget and control existing funds, but do not find ways of obtaining new funds.
4) Financial managers take care of day-to-day operations, but are not responsible for advising top management on financial matters.