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3 years ago

Which is higher: CEO or CFO Thanks

2 answers:

7 0

I believe it is the CEO which is the higher. It stands for chief executive officer. For CFO it is chief financial officer.

ankoles [38]3 years ago

3 0

CEO is higher than CFO.

Depending on the size of the business/corporation, a CEO can have higher or limited impact. CEO stands for Chief Executive Officer, who generally deal with a broad array of higher-level tasks. Another name for CEO can be known as 'president'.

CFO stands for Chief Financial Officer. If the name doesn't already give the definition of it up, the CFO takes care of the financial activities of the company. The CFO usually has a great contact with the president (CEO) of the organization to make sure that everything financial-wise is going alright.

To answer your question, CEO is higher than CFO. Chief Executive Officer runs the show while Chief Financial Officer takes care of anything financial.

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What serves as an incentive for entrepreneurs

nordsb [41]

Profit is the answer

3 0

3 years ago

Read 2 more answers

Your firm can make a product in-house for $11.50 per unit using new production equipment which would cost $30,000. Your firm cou

Nikolay [14]

Answer:

The indifference point is 5,895 units

Explanation:

Giving the following information:

In-house:

Unitary variable cost= $11.5

Fixed cost= 30,000

Buy:

Unitary variable cost= $16.25

Fixed cost= 2,000

To calculate the indifference point, we need to establish the total cost formulas for each option:

In-house:

Total cost= 30,000 + 11.5x

x= number of units

Buy:

Total cost= 2,000 + 16.25x

x= number of untis

Now, we equal both formulas and isolate x:

30,000 + 11.5x = 2,000 + 16.25x

28,000 = 4.75x

5,895 = x

The indifference point is 5,895 units

7 0

2 years ago

Selected data taken from the accounting records of Ginis Inc. for the current year ended December 31 are as follows: Balance, De

nalin [4]

Answer:

Cash payment for merchandise inventory is $1,025,800.00

Cash payment for operating expenses is $179,170.00

Explanation:

The amount of cash payments in respect of merchandise inventory is the cost of merchandise sold minus decrease in inventories plus decrease in accounts payable.

Cash paid for merchandise inventory=$1,031,550-($193,430-$178,020)+($105,800-$96,140)=$1,025,800.00

Cash paid for operating expenses=$179,400+($14,030-$12,650)-($8,970-$7,360)=$ 179,170.00

8 0

3 years ago

True or false: economizing behavior involves choosing the option that brings the greatest satisfaction at the least cost.

Neko [114]

True. "Economizing behavior" is the result of purposeful and rational decision making on behalf of the economizer. The better option in two items of the same quality is to buy the cheaper object. For example, if you want to buy a chocolate bar and see that one seller offers one at $1.50 and the other one offers one at $3. Economizing behavior would be to buy the first bar.

4 0

2 years ago

Who is responsible for withholding the employees income tax?

7nadin3 [17]

Answer:

For the most part, the employer withholds these taxes on behalf of their employees, but in cases where an employer does not do this, or where an employee is self-employed, it is the responsibility of the employee to pay these withholding taxes

5 0

3 years ago