Ask Question
BusinessBusiness
13 May, 12:22

Which corporate officer, when he or she is guilty of serious misconduct, can subject the firm to the heavy losses in financial wealth?

+1
Answers (1)
  1. 13 May, 14:26
    0
    Answer: The correct answer is "CFO".

    Explanation: A CFO (Chief Financial Officer) is responsible for the economic and financial planning of the company. It is who decides the investment, financing and risk in order to increase the value of the company for its owners (whether shareholders or partners). It provides financial, accounting knowledge and in general an analytical look at the business. In many cases he is also the strategic affairs advisor for the CEO.

    Therefore, if he is guilty of serious misconduct, he may subject the company to large losses in financial wealth.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which corporate officer, when he or she is guilty of serious misconduct, can subject the firm to the heavy losses in financial wealth? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
On January 2, 2005, Ames Corp. signed an eight-year lease for office space. Ames has the option to renew the lease for an additional four-year period on or before January 2, 2012.
Answers (1)
A person who tries to cultivate new clients or expand business relationship, its called A. declaring
Answers (1)
This firm will earn only a normal profit if product price is
Answers (1)
A company bought $250,000 of equipment with an expected life of ten years and no residual value. After six years the company sold the equipment for $94,000.
Answers (1)
Maintenance money for an athletic complex has been sought. Mr. Kendall, the Athletic Director, would like to solicit a donation to cover all future expected maintenance costs for the building.
Answers (1)
New Questions in Business
Job seekers who lack skills that are demanded by employers are
Answers (1)
Why is it important for managers to pay close attention to their organization's production system if they wish to be responsive to their customers?
Answers (1)
Which inventory counting system keeps track of removals from inventory on a continuous basis?
Answers (1)
Which analogy best describes a single economic action?
Answers (1)
What is included in an individual's personal finances? Check all that apply. number of dependents money Career property investment
Answers (1)
Home » Business » Which corporate officer, when he or she is guilty of serious misconduct, can subject the firm to the heavy losses in financial wealth?
Sign Up Forgot Password?