ITPEC IP April 2022 Question 67

Source exam: ITPEC IP April 2022Topic: Corporate Activities

ITPEC IP April 2022 — Question 67 of 100

The CFO is the executive responsible for finance. The Chief Financial Officer oversees areas such as financial planning, accounting, budgeting, funding, cash flow, financial reporting, and financial risk, supporting management decisions about the organization's financial resources.

Answer (b)

Why not others:
- technology is commonly led by a CTO

- information systems and information strategy are commonly led by a CIO

- personnel or human resources are commonly led by a CHRO or equivalent executive

Key rule: Read the title literally: CFO means Chief Financial Officer, while CTO, CIO, and CHRO correspond to technology, information, and human resources.

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