ITPEC IP April 2024 Question 66
ITPEC IP April 2024 — Question 66 of 100
The CFO is responsible for finance. CFO stands for Chief Financial Officer. This executive oversees areas such as financial planning, accounting, budgeting, funding, cash management, financial reporting, investment evaluation, and financial risk, and advises management on the organization's financial condition.
Answer (b)
Why not others:
- (a) Technology is commonly overseen by a CTO, the Chief Technology Officer
- (c) Information and enterprise information systems are commonly overseen by a CIO, the Chief Information Officer
- (d) Personnel or human resources is commonly overseen by a CHRO or equivalent executive
Key rule: Match the executive acronym to its function: CFO—finance, CIO—information, CTO—technology, and CHRO—human resources.
AI-generated — may contain errors
The original exam layout is preserved in the image so diagrams, formulas, tables, and code remain accurate.
This question comes from an official ITPEC past paper. ITPEC Practice is an independent study tool and is not affiliated with ITPEC. See the official IP past-paper collection or Report an issue.