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3 years ago

Finance in an organization

Business

1 answer:

ankoles [38]3 years ago

7 0

Answer and Explanation:

a. In the first case as we know that the Chief Financial Officer ( CFO) is the company's high financial position and supervises several tasks.

But CFO would not be responsible for human resource, marketing and the production as these have the different departments and their manager would deal with it

So first three are not relevant for the CFO

b. According to the Sarbanes-Oxley Act of 2002, The SEC requires CFOs to certify the accuracy of the firm's earnings or we can say it would be correct. Hence, the last option is correct

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Public relations is best considered a __________ function

bonufazy [111]

Happy to help!

The correct statement includes the word: management.
Public relations is best considered a management function.

I hope I have successfully assisted you. Let me know if you have any questions!
~Brooke❤️

4 0

3 years ago

First, spend a couple of sentences summarizing the Concepts in Action video you watched this week. Then, answer the following. I

Masja [62]

Answer with its Explanation:

Free Money means the money that has to be paid back to the money lender within a reasonable time. The money lender usually is a trader who sells his product at credit allowing his customer a reasonable period to payback. Furthermore, the free money is termed free because they are interest free lendings.

In real life, free money is can be availed by purchasing products from the suppliers if you are acting as a middle man in the distribution channel or you are a small customer and your borrowings doesn't impact the supplier. Almost all of the businesses lend free money in the form of products because allowing credit increases the sales of the organizations.

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3 years ago

A corporation is concerned about their exposure to criminal liability after the most recent election cycle placed a number of ne

Angelina_Jolie [31]

Answer:

The strategy that would be least effective in reducing the company's criminal liability is:

D. It could donate to the election campaigns of the new members of Congress to establish goodwill.

Explanation:

While the other three options will effectively reduce the company's criminal liability exposure, option D is the least that is likely to have a positive or effective effect. This implies that option D is most likely to aggravate the criminal liability of the company as it will be regarded as bribery to cover up a crime.

4 0

3 years ago

Which one of the following terms is defined as a loan wherein the regular payments, including both interest and principal amount

Harrizon [31]

Answer:

C. Balloon loan

Explanation:

Balloon loans are loans that can not fully amortize over its term. They are loans that are paid of with a large single final payments. A lump sum amount. It involves the borrower paying back a lower monthly percentage in exchange for paying a large one time payments at the end of the loan term. Either fixed or flexible interest rate structure can be used on it. Ballon loans are usually reserved for conditions when a business has to wait until a specific period before receiving payment from a client for its product or services.

4 0

3 years ago

Read 2 more answers

One year ago, you bought shares of Aaon, Inc at $36.48 a share. You received a dividend of $1.62 per share last month and sold t

Pie

Answer: 12.88%

Explanation:

The following information can.be inferred from the question:

Purchase price of share = $36.48

Dividend = $1.62

Selling price = $41.18

Capital gain = $41.18 - $36.48 = $4.70

Capital gain yield:

= Capital gain / Purchase price × 100

= (4.70 / 36.48) × 100

= 0.1288

= 12.88%

7 0

3 years ago