Arrangement of long-term financing is an integral part of the ________ function in an organization.
A) CFO's
B) controller's
C) auditor's
D) president's

Question

Quizplus · Accepted Answer

Long-term financing involves decisions about how to raise capital for investments that will generate returns over a period longer than 1 year. The CFO (Chief Financial Officer) is responsible for overseeing the financial operations of a company, including the management of financial risks and the procurement of capital. Therefore, it is the CFO's function to arrange long-term financing.

Arrangement of Long-Term Financing Is an Integral Part of the ________