A CFO would have all of the following responsibilities except
A)investing in new production equipment.
B)managing corporate financing.
C)managing the preparation of all corporate tax returns.
D)providing reports to creditors as required.

Question

Quizplus · Accepted Answer

Investing in new production equipment is typically a decision made in conjunction with or by the operations or production departments, rather than being a direct responsibility of the Chief Financial Officer (CFO). The CFO's role primarily involves financial oversight, managing corporate finance, tax preparation, and reporting to stakeholders, rather than making decisions about specific production equipment investments.

A CFO Would Have All of the Following Responsibilities Except