Question

Corporate finance is concerned with the different aspects of a business’s financial management. The chief financial officer (CFO) is the top financial position in the organization and oversees several tasks. The CFO is not responsible for which of the following departments? Check all that apply.a. Legal issuesb. Security analyst relationsc. Research and developmentd. AdministrationTreasury

Answer 1

The chief financial officer is responsible for monitoring the financial actions of a company.

Explanation:

The main duties of a Chief Financial Officer (CFO) are

• Financial Reporting
• Stewardship of companies Asset
• Ownership of Cash Management

The Chief Financial Officer (CFO)takes care of the Legal Issues (also known as the compliance issues),it is also responsible for the security analyst relations and also responsible for the treasury administration.

The Chief financial officer is not responsible for the Research and development department of a  company