It is true that a financial manager advises top executives on ways to strength a company's financial position.
Financial strength includes the capacity to make money, adequate cash flow, financial know-how, and the ability to pay back investors. Since one of the key elements of a successful business is financial strength, business owners are concerned about it.
Strengths: These are attributes that are advantageous to a company. For an economic Swot, this may refer to sizable cash reserves or a healthy monthly cash flow. Weaknesses: These are factors that work against a company.
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