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Questions and Answers
What is one of the expanded responsibilities of CFOs in recent times?
What is one of the expanded responsibilities of CFOs in recent times?
- Contributing to strategic and operational decision making (correct)
- Solely focusing on wealth maximization for shareholders
- Decreasing complexity and changing expectations
- Limiting their role to governance and compliance
What is a key aspect of the advanced role of CFOs post-pandemic?
What is a key aspect of the advanced role of CFOs post-pandemic?
- Reducing the complexity of financial controls
- Minimizing the range of responsibilities
- Support in strategic and operational decision making (correct)
- Focusing only on business ethics and compliance
What is an additional area where the role of CFOs has been advanced post-pandemic?
What is an additional area where the role of CFOs has been advanced post-pandemic?
- Decreasing information and communications growth
- Strategic and operational decision making (correct)
- Wealth maximization for shareholders
- Limiting their role to governance and compliance
What has driven the drastic expansion of the range of responsibilities for CFOs?
What has driven the drastic expansion of the range of responsibilities for CFOs?
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What is an expectation from CFOs as part of their leadership role?
What is an expectation from CFOs as part of their leadership role?
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