Under what circumstance might a business hire a financial analyst?

A. A regional chain is trying to decide whether or not to go national.
B. A company wants to streamline its internal manufacturing processes.
C. A business wants to monitor its income and expense more accurately.
D. A business wants to ensure that it is hiring the most qualified employees.

1 answer

C. A business wants to monitor its income and expenses more accurately.

Financial analysts are typically hired to help businesses analyze and interpret financial data, assess financial performance, and make informed decisions regarding budgeting, forecasting, and investment opportunities. Monitoring income and expenses more accurately would be a key reason for a business to hire a financial analyst.