Which of the following is primarily responsible for managing all aspects of a firm's financial side?
A) CFO
B) CEO
C) Board of directors
D) Audit committee

Question

Quizplus · Accepted Answer

The Chief Financial Officer (CFO) is primarily responsible for managing all aspects of a firm's financial side, including financial planning, cash flow management, financial reporting, and investment decision-making. The CEO is responsible for overall strategic direction and management of the company, while the board of directors provides oversight and guidance. The audit committee typically oversees the company's financial reporting and internal controls, but they do not manage all aspects of the financial side of the company.

Which of the Following Is Primarily Responsible for Managing All