Two options that the administrator should use to meet these criteria are:

Share with roles and subordinates of the finance director role. This option allows you to grant access

to records based on the role hierarchy of your org. You can share records with users who are in a

specific role or in roles below that role in the hierarchy. In this case, you can share records with roles

and subordinates of the finance director role, which includes all the members of the finance team.

Create a criteria-based sharing rule where the won field = true. This option allows you to grant access

to records based on certain field values or formulas. You can create a criteria-based sharing rule on

opportunities that grants access to records where the won field is true, which means that the

opportunity stage is closed won.

The other two options are incorrect because:

Make an owner-based sharing rule where the won field = true is not an option because owner-based

sharing rules do not allow you to specify field values or formulas as criteria. Owner-based sharing

rules only allow you to share records based on who owns them or what role or group they belong to.

Select all opportunities owned by the sales manager role is not an option because it does not meet

the criteria of sharing all closed won opportunities. It only shares opportunities that are owned by

users who are in the sales manager role, regardless of their stage.

Reference: https://help.salesforce.com/s/articleView?id=sf.admin_sharing.htm&type=5

https://help.salesforce.com/s/articleView?id=sf.sharing_rules.htm&type=5