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Marta_Voda [28]
3 years ago
14

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
Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

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

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C is correct answer ......
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You and the other shoe store owners decide to fix your shoe prices at $60 a pair in order to maximize your profits. This is call
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Is called collusion

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In price collusion, all sellers is guaranteed to have same product price and profit margin, creating a perfect competition market for that product
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Clooney Corp. establishes a petty cash fund for $200 and issues a credit card to its office manager. By the end of the month, em
Darya [45]

Answer:

Clooney Corp.

Petty Cash Journal Entry

<em>Sr. No                     Particulars             Debit           Credit</em>

1                    Petty Cash                      $200

                             Cash                                            $200

Establishing Petty Cash

2.   (Employee Name;s ) Entertainment Expenses    $25 Dr

                     Petty Cash                                        $ 25 Cr

Recording employee petty cash expenditures

Credit Card Expenditures Entries

1.                            Postage,                  $44;  Dr

                            Delivery,                     $69; Dr

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Credit Card Payable is a liability and appears in the balance sheet . It has to be paid in the future.

2.                    Credit Card Payable           147 Dr.

                          Cash                                                  147 Cr

When the liability is paid this entry is made.

4 0
3 years ago
Assume that microbrewery beer is a normal good. Prices of microbrewery beer have risen steadily in recent years. Over this same​
Shkiper50 [21]

Answer:

The correct answer is option D.

Explanation:

Microbrewery beer is a normal good. Its prices have increased recently in recent years. The prices for fermenting vats used in beer have also risen and the consumer income has fallen.  

Since beer is a normal good an increase in its price and decrease in the consumer income will decrease its demand. As a result, the demand curve will move to the left, decreasing the price of the product.  

At the same time, the increase in the price of fermenting vats will increase the cost of producing beer. This will cause the supply of beer to decrease.  

This will cause the supply curve to shift to the left. If the leftward shift in the supply curve is more than the leftward shift in demand, the price of beer will increase.

4 0
2 years ago
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