The person or position who is directly responsible for all financial concerns is the
A) CEO.
B) CFO.
C) COO.
D) Treasurer.

Question

Quizplus · Accepted Answer

The CFO, or Chief Financial Officer, is directly responsible for all financial concerns within a company. They oversee financial planning and analysis, accounting, budgeting, and managing financial risks. While the CEO may have overall responsibility for the company, the CFO focuses specifically on financial matters. The COO, or Chief Operating Officer, typically oversees the day-to-day operations of a company, while the Treasurer may have some financial responsibilities but typically focuses on managing cash and investments.

The Person or Position Who Is Directly Responsible for All