Which Statement Is True

question 18

Multiple Choice

Which statement is true?

• A)The finance department has an oversight responsibility for the effective management of the money other departments spend.
• B)The Vice President of Finance is usually a position very different from that of a CFO.
• C)The finance department will oversee the selling of stock, but not the paying of dividends.
• D)Individual departments determine the feasibility of projects, while the finance department is only concerned with the funding of the project.

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Definitions:

Health Maintenance Organizations

Organizations that provide or arrange managed care for health insurance, self-funded health care benefit plans, individuals, and other entities.

Private Health Carriers

Organizations that provide private health insurance coverage to individuals, offering various healthcare benefits and plans.

Blue Cross And Blue Shield

A federation of U.S. health insurance organizations providing coverage for individuals across various states, known for offering health insurance plans including medical, pharmaceutical, and dental services.

Education For Physicians

Specialized training and ongoing learning that doctors undergo to maintain their medical knowledge and skills.