Which of the Following Reports Directly to the Owners of the Firm

question 58

Multiple Choice

Which of the following reports directly to the owners of the firm (assume the firm is a public corporation)

• A) CFO
• B) CEO
• C) board of directors
• D) audit committee

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Definitions:

Organizational Structures

The system that outlines how certain activities are directed in order to achieve the goals of an organization, including the roles and responsibilities of employees.

Barriers To Entry

Obstacles that prevent or hinder new competitors from easily entering an industry or area of business.

Socially Complex

Refers to characteristics or activities that involve intricate social structures and interactions, often challenging to replicate or understand fully.

Unique History

The distinctive and singular past or background of an individual, organization, place, or object that sets it apart from others.