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Firdavs [7]
3 years ago
13

A CFO’s responsibility is to manage financial risk, and that covers which other element?

Business
1 answer:
kow [346]3 years ago
5 0

Answer:

b.All the information and data in the company.

Explanation:

A CFO is the Chief financial officer is an organization.  He or she is responsible for the company's financial risks, management, and reporting.  The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.  

Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO  guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.

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It's useful when calculating the time an investment will take to double, given an annual fixed rate of interest.
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3 years ago
Kuzio Corporation produces and sells a single product. Data concerning that product appear below:
lorasvet [3.4K]

Answer:

The overall effect on the company's monthly net operating income of this change is $ 6,900, increase

Explanation:

<u>Company's monthly net operating income </u><u><em>before</em></u><u> the change:</u>

Sales  (5,500× $ 150)                                              825,000

Less Variable Costs(  5,500 × $ 60)                     (330,000)

Contribution                                                            495,000

Fixed Expenses (208,000)                                    (208,000)

Net Operating Income                                            287,000

<u>Company's monthly net operating income</u><u><em> after </em></u><u>the change:</u>

Sales  ((5,500+150)× $ 150)                                    847,500

Less Variable Costs ((5,500+150) × $ 60)            (339,000)

Contribution                                                            508,500

Fixed Expenses (208,000+6,600)                       (214,600)

Net Operating Income                                            293,900

<em><u>Effect</u></em><u> on the company's monthly net operating income:</u>

Net Operating Income - <em>After</em> Change                                          293,900

Net Operating Income - <em>Before</em> Change                                       287,000

Change in Net Operating Income                                                      6,900

3 0
3 years ago
Suppose that college professors at public universities are unionized. if public university college professors change their minds
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<span>The amount of public university college professors required will rise but the supply of workers in other like occupations will fall. So if the supply decreases, and the demand goes high as expected, there will be a shortage of public university college professors.</span>

7 0
3 years ago
For students not wanting a traditional major in marketing or accounting, for example, YSU decided to create a general business m
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Answer:

The correct approach is "Customization".

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the type of selection methods which are used to narrow down a list of finalists to those who will receive job offers is called
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The type of selection methods which are used to narrow down a list of finalists to those who will receive job offers is called Discretionary Method.

Picking from a list of universities one would like to attend is the hardest decision to make. However, it is crucial to take into account a number of criteria while selecting the best decision. When you have a long list of options, the registrars will find it simple to advise you on which is best.

If you chance to acquire numerous admissions from all the choices you had made, it is also up to you to make an easy pick. So always choose the greatest option available.

To know more about the Discretionary visit here :

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