Which One of These Statements Is Correct

question 33

Multiple Choice

Which one of these statements is correct?

• A) Financial managers have a fiduciary duty to stockholders.
• B) Financial managers are concerned only with funds that flow to investors.
• C) The chief financial officer generally reports directly to the corporate treasurer.
• D) The corporate controller is primarily responsible for overseeing a firm's cash functions.

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Definitions:

Inventory Management

The supervision of non-capitalized assets (inventory) and stock items, focusing on ordering, storing, and using the company's inventory.

Supply Chain

The entire network of entities, directly or indirectly interlinked and interdependent in serving the same consumer or customer.

Systems Bottlenecks

Systems bottlenecks are points of congestion in a system where the flow of data or processes is delayed or halted, leading to inefficiency and potential loss of productivity.

Process-Driven Organisations

Organizations that focus on the systems and procedures that deliver their products or services to ensure efficiency and quality.