The chief financial officer (CFO) is responsible for accounting and financial functions. a. True
b. False

Answers

Answer 1
Answer: The right answer for the question that is being asked and shown above is that: "TRUE." The chief financial officer (CFO) is responsible for accounting and financial functions. The statement is true as far as the chief financila officer's responsibility is concerned.
Answer 2
Answer:

Final answer:

Yes, the chief financial officer (CFO) is indeed responsible for a company's accounting and financial functions, which include managing the company's finances, budgeting, forecasting, investments, and risk management.

Explanation:

The statement 'The chief financial officer (CFO) is responsible for accounting and financial functions' is true. The CFO plays a pivotal role in a company's overall success and is often seen as the second most important person in a company, next to the CEO. Their main responsibilities include managing the company's finances, budgeting, forecasting, investments, and risk management. They also oversee all cash management strategies, including accounting and financial controlling, such as ensuring all financial reports are accurate and completed in a timely manner.

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Related Questions

Sometimes very high ________ costs are recognized before a project begins and reducing these costs through shorter project durations becomes a high priority.
Which strategy did companies use to stop strikes from growing?
In one or more complete sentences, explain the details and requirements to obtain a driver license.
The meaning behind having varaible being operationally defined So that the reader can specifying how the variables will be measured in terms of the instruments, scales, or both.
Robert Solis is a salesman in a company that specializes in event management. He uses the Internet to identify potential companies with which his company can build long-term profitable relationships. Which step in the selling process does this scenario depict? A) demonstration B) preapproach C) prospecting D) approach E) presentation

Business losses can't be deduced from your personal tax returns with which of the following business structures? A) S corporations
B) Limited partnerships
C) Sole proprietorships
D) Corporations

Answers

Answer:

Your answer is D) Corporations

Explanation:

d should be your answer

Alex purchase a plasma TV and pays 7.5% state sales tax and $45 for delivery. If Alex's total cost was $1,415.63 what was the purchase price for the TV? O $834.65 O $783.22 O $1358.73 O $1275

Answers

Answer:

Explanation:

1. Total cost: $1,415.63

2. Sales tax: 7.5% of the purchase price

3. Delivery fee: $45

First, let's calculate the sales tax amount:

Sales tax = (7.5/100) * Purchase price

Now, we can set up an equation to find the purchase price:

Total cost = Purchase price + Sales tax + Delivery fee

Substituting the values we have:

$1,415.63 = Purchase price + (7.5/100) * Purchase price + $45

To simplify the equation, we can combine like terms:

$1,415.63 = Purchase price * (1 + 7.5/100) + $45

Next, let's calculate the sales tax amount:

Sales tax = (7.5/100) * Purchase price

Sales tax = 0.075 * Purchase price

Now we can rewrite the equation with the sales tax amount:

$1,415.63 = Purchase price * (1 + 0.075) + $45

Simplifying further:

$1,415.63 = Purchase price * 1.075 + $45

To isolate the purchase price, we subtract $45 from both sides of the equation:

$1,415.63 - $45 = Purchase price * 1.075

$1,370.63 = Purchase price * 1.075

Finally, divide both sides of the equation by 1.075 to solve for the purchase price:

Purchase price = $1,370.63 / 1.075 ≈ $1275

Therefore, the purchase price for the TV is approximately $1275

As the aggregate price level rises, aggregate demand ____________ resulting in a __________ to total output, or the real GDP. A. falls/increase B. rises/increase C. rises/decrease D. falls/decrease

Answers

I believe the answer is D. Falls/decrease
Increase in aggregate price tend to discourage consumers to go out and make a purchase, which will lead to the fall of aggregate demand.
This will create an abundance of that product in the market, and the market will decrease the total output as a response.

falls/decrease is the correct answer

What happens when you do not make a decision?

Answers

Making decisions are always an important part. But failure in making decision may cause something unexpected. in most of the time a right decision at right time helps a lot... so for making a good decision one should follow some steps- like what are the good aspect if someone take this decision and what are the negative impact of this decision and if the probability of positiveness is more... than one should take that decision.. and if someone have confusion between what to do? and have to decide which decision to take among many ideas in mind  one should do the same steps but this time he/she should write them in a page for each decision a single page and than take the one which is prominent..

When you don’t make a decision, you are making the choice to take no action. As a result, you must accept whatever happens or whatever others choose for you. You are also giving up control over your own life.

45. Which of the following statements about the relationship between magazines and the Internet is FALSE? A. The Internet was initially seen as a medium that would kill print magazines B. Some print magazines that have folded are finding new life on the Internet C The Internet is still widely considered to be putting the final nails into the coffin of print magazines D. Online-only magazines have gained journalistic credibility E. The Internet gives magazines the ability to do things that they couldn’t do in print

Answers

Answer:

C. The internet is still widely considered to be putting the final nails into the coffin of print magazines

Explanation:

Initially when the internet was gaining mass appeal and emerging powerfully, the print magazines were exposed to a threat that it would kill the business with their customers resorting to cheaper means i.e internet for their needs.

But eventually, almost all renowned magazines established their websites and gradually moved towards creation of online issues of their magazines.

This led to high decrease in their costs as the need for middlemen and distribution were eliminated which was passed onto the customers in the form of lower subscription rates.

With emergence of tablets, smartphones, this even got better as the accessibility to the online edition was no longer an issue.

Thus, it can be concluded that emergence of internet has on the contrary has been favorable to magazines and has given many of folded up magazines a fresh life.

A strategic alliance: Group of answer choices A) involves two or more companies joining forces to pursue vertical integration. B) is an agreement between two or more companies in which there is strategically relevant collaboration of some sort, joint contribution of resources, shared risk, shared control, and mutual dependence.C) is a partnership between two companies that is typically intended to eliminate the need to engage in outsourcing. D) is usually a cheaper and more effective way for companies to join forces than is merger.

Answers

Final answer:

A strategic alliance is an agreement between companies where they collaborate, contribute resources, share risks and control, and depend on each other. It is a temporary partnership formed to achieve specific goals or projects. Strategic alliances are a cost-effective way for companies to work together and achieve mutual objectives.

Explanation:

A strategic alliance is an agreement between two or more companies in which there is strategically relevant collaboration, joint contribution of resources, shared risk, shared control, and mutual dependence. It is a partnership formed for a specific purpose or project, with each company bringing its own strengths to the alliance.

For example, in the automotive industry, companies may form a strategic alliance to develop hybrid or electric technologies. By pooling their resources and expertise, they can achieve faster innovation and reduce development costs, while sharing the risk of entering a new market.

Strategic alliances are different from mergers or acquisitions. They are usually temporary and focused on a specific goal, whereas mergers involve the combination of two or more companies into a single entity. Strategic alliances can be a cost-effective way for companies to achieve their objectives without going through the full process of a merger or acquisition.

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Final answer:

A strategic alliance is an agreement between two or more companies that involves collaboration, shared resources, and mutual dependence. It is a partnership aimed at achieving a common goal or benefiting from each other's strengths.

Explanation:

A strategic alliance is an agreement between two or more companies in which there is strategically relevant collaboration, joint contribution of resources, shared risk, shared control, and mutual dependence. It is a partnership between companies that aims to achieve a common goal or benefit from each other's strengths. Strategic alliances differ from mergers in that they do not involve the complete integration of companies but rather a cooperative relationship.

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