The correct answer is C. Raising of funds and their effective utilization.
A finance manager is responsible for the financial planning and management of an organization. This includes raising funds, managing cash flow, investing money, and preparing financial statements. Finance managers also work with other departments within the organization to ensure that financial resources are used effectively.
Option A is incorrect because finance managers are responsible for more than just raising funds. They also need to manage cash flow and invest money effectively.
Option B is incorrect because finance managers are not just responsible for managing cash flow. They also need to raise funds and invest money effectively.
Option D is incorrect because finance managers are responsible for all of the above.