Which of the Following Role Is Directly Responsible for All

question 180

Multiple Choice

Which of the following role is directly responsible for all financial functions in an organization?

• A)Treasurer
• B)CEO
• C)CFO
• D)COO

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Definitions:

Merger Clause

A provision in a contract stating that the written agreement supersedes all prior or oral agreements, focusing on the primacy of the current document.

Parol Evidence Rule

A legal principle that prevents parties in a written contract dispute from introducing oral or extrinsic evidence to modify the original agreement.

Parol Evidence Rule

A rule in contract law that prevents parties from presenting evidence of prior or contemporaneous agreements that would contradict the terms of a written contract.

Ambiguous Terms

Words or phrases in a contract or agreement that are unclear and open to more than one interpretation.