Which of the following is a responsibility of the CFO?
A) budget funds for a plant upgrade
B) managing short-term and long-term financing
C) investing in new equipment
D) conducting internal audit

Question

Quizplus · Accepted Answer

Managing short-term and long-term financing is a key responsibility of the Chief Financial Officer (CFO). Budgeting funds for a plant upgrade and investing in new equipment may fall under the CFO's purview, but these are more operational decisions that could also involve other department heads. Conducting internal audits is usually the responsibility of the Chief Audit Executive or the internal audit team.

Which of the Following Is a Responsibility of the CFO