The Person Charged with Running the Corporation by Instituting the Rules

question 36

Multiple Choice

The person charged with running the corporation by instituting the rules and policies set by the board of directors is called

• A) the Chief Operating Officer.
• B) the Company President.
• C) the Chief Executive Officer.
• D) the Chief Financial Officer.

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Definitions:

Hurdle Rate

A financial metric indicating the minimum return on investment required for a project or investment to be considered acceptable.

Internal Rate of Return

A financial metric used to estimate the profitability of potential investments, calculating the discount rate that makes the net present value of all cash flows from the investment equal to zero.

Present Value

The present value of a future amount of money or a series of cash flows, calculated using a given interest rate.

Annuity

A finance-related product designed to issue a predetermined series of payouts to an individual, typically aimed at serving as an income source for retirement.