A Survey of CFOs Indicated That

question 2

Multiple Choice

A survey of CFOs indicated that

• A)financial flexibility is only a concern for managers of smaller firms; larger, publicly-traded firms are easily able to raise funds as necessary.
• B)having a low interest coverage ratio is very important to them.
• C)they pay close attention to their bond ratings and interest coverage ratios.
• D)targeting an optimal long-term capital structure is more important to them than working capital management issues.

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Definitions:

Time-Management Skills

The ability to efficiently allocate and use one’s time to complete tasks and achieve goals.

Lines Of Communication

Channels or pathways through which information is transmitted between individuals or groups.

Educational Needs

Requirements or necessities related to the acquisition of knowledge or skills, tailored to an individual's learning style or ability.

Chaplain

A religious representative attached to a secular institution such as a hospital, prison, military unit, or school.