Question

The CFO is not responsible for which of the following departments? A) Administration B) Legal Issues...

The CFO is not responsible for which of the following departments?

A) Administration

B) Legal Issues

C) Investor Relations

D) Security Analyst Relations

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Correct answer is A) Administration

A chief financial officer deals with the finance related matters and department. Legal issues can also be a part of scope of a CFO as most of the legal cases have financial impact on the organisation and also need to be analysed for financial reporting and disclosures in the reporting statements. Investor relations and security analyst relations are directly a part of the finance function and hence CFO is responsible for these two too.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The Bola Tie Company has two service departments (Departments A and B) and three production departments...
The Bola Tie Company has two service departments (Departments A and B) and three production departments (Departments X, Y and Z). Service Department A provides services to all three production departments as well as to Service Department B. However, Service Department B only provides services to the other service department (Department A). In other words, Service Department B provides no services directly to the production departments. Which of the following methods for allocating service department costs makes the most sense...
Parenteral administration includes which of the following? A) Oral administration B) Intramuscular (IM) injection C) Intravenous...
Parenteral administration includes which of the following? A) Oral administration B) Intramuscular (IM) injection C) Intravenous (IV) injection D) Both A and C, above
Which of the following is not an example of a firm's macroenvironment? -demographics -political/legal issues -culture...
Which of the following is not an example of a firm's macroenvironment? -demographics -political/legal issues -culture -competition
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Communications Facilities Deposits Loans Direct costs $ 200,000 $ 330,000 $ 256,000 $ 7,520,000 $ 4,900,000 Employee hours 22,000 38,000 22,000 436,000 381,000 Number of employees 6 13 4 210 150 Square footage occupied 5,300 12,700 5,700...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows. Administration Communications Facilities Deposits Loans Direct costs $ 170,000 $ 310,000 $ 250,000 $ 7,860,000 $ 4,700,000 Employee hours 28,500 33,000 21,000 478,000 381,000 Number of employees 7 17 8 220 170 Square footage occupied 4,700 13,500 5,200...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits...
State Financial Corp. has three service departments (Administration, Communications, and Facilities), and two production departments (Deposits and Loans). A summary of costs and other data for each department prior to allocation of service department costs for the year ended December 31 follows: Administration Communications Facilities Deposits Loans Direct costs $ 200,000 $ 300,000 $ 254,000 $ 8,000,000 $ 5,000,000 Employee-hours 24,800 33,600 21,600 450,000 350,000 Number of employees 9 15 6 210 150 Square footage occupied 4,900 13,440 5,600 246,400...
Support departments? a) provide essential services to the producing departments b) work directly on the products...
Support departments? a) provide essential services to the producing departments b) work directly on the products of the firm c) are responsible for manufacturing the products sold to customers d) provide services directly to customers
Which of the following is a cost of issuing securities: A)legal fees, filing fees B)losses related...
Which of the following is a cost of issuing securities: A)legal fees, filing fees B)losses related to underpricing C)the spread D)abnormal returns on seasoned offerings E)all of the above
The person responsible for withholding on payments to a foreign person is which of the following?...
The person responsible for withholding on payments to a foreign person is which of the following? a. Withholding agent b. Employer c. IRS agent d. Taxpayer
Which of the following cells is responsible for myelinating axons in the central nervous system? A)...
Which of the following cells is responsible for myelinating axons in the central nervous system? A) Astrocytes B) Microglia C) Oligodendrocytes D) Ependymals cells E) Schwann cells
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT