The financial manager is primarily responsible for which two activities?

The financial manager's primary responsibilities center around the financial health of an organization. Raising funds and controlling finances are critical activities that ensure the company has the necessary capital to operate and grow, while also managing its financial resources effectively.

Raising funds involves securing financial resources from various sources, whether it be through equity, debt, or other financing methods. This is crucial for enabling the company to invest in projects, expand operations, or manage cash flow.

Controlling finances, on the other hand, encompasses budgeting, forecasting, and monitoring financial performance. This ensures that the organization operates within its means and helps to maintain profitability and sustainability over time. Effective control measures allow financial managers to identify potential issues early and make informed decisions to steer the company towards its financial goals.

Other options listed, while relevant to business operations, do not encapsulate the core responsibilities of a financial manager as clearly as raising funds and controlling finances do. For instance, data and reports, while important for decision-making, are more indicative of the roles of analysts than financial managers. Similarly, purchases and production pertain more to operational management rather than financial management. Finally, banking and cash management fall within the broader framework of financial control, but they do not represent the full spectrum of the financial manager's