Which corporate officer, when he or she is guilty of serious misconduct, can subject the firm to the heavy losses in financial wealth?
A) Marketing Manager
B) CFO
C) Chief Technology Officer
D) Chief Risk Officer

Question

Quizplus · Accepted Answer

The CFO (Chief Financial Officer) is in charge of managing a company's finances, including financial reporting, budgeting, and forecasting. They have a significant impact on a company's financial health and are responsible for ensuring that the company's financial resources are used wisely. If a CFO engages in serious misconduct, such as fraud or embezzlement, it can lead to heavy losses in financial wealth for the firm.

Which Corporate Officer, When He or She Is Guilty of Serious