Which of the Following Is Correct with Respect to Chief

question 181

Multiple Choice

Which of the following is correct with respect to chief financial officers (CFOs) ?

• A) About 50 percent of CEOs were formerly CFOs.
• B) CFOs do much more than simply focus on financial documents.
• C) In recent years, fewer CFOs have been appointed as chief executives officers (CEOs).
• D) The skill set of CFOs is narrowing because they have to sharpen their focus on financial issues.
• E) All of these are correct.

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Definitions:

Locke-Latham Goal-setting Model

A theory that suggests specific and challenging goals enhance task performance through principles of clarity, challenge, commitment, feedback, and task complexity.

Efficiency and Effectiveness

The degree to which tasks are accomplished in a timely, resource-saving manner while also achieving the desired outcomes.

Performance Requirements

Specific criteria or standards that must be met within a role or job, outlining the expected level of output or quality of work.

Goal Clarity

The degree to which the objectives set by an individual or organization are precise, understandable, and measurable.