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Asked by Sylvia Joseph on Jul 20, 2024

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The CFO is the person primarily responsible for judging the financial viability of projects proposed by other executives.

Financial Viability

The ability of an entity to manage its financial operations so that it can continue to operate and meet its financial obligations.

CFO

Chief Financial Officer, an executive position responsible for managing the financial actions of a company.

Projects

Undertakings with a defined start and end, aimed at achieving particular objectives within constraints such as budget, time, and resources.

  • Understand the roles and responsibilities within a corporate finance department.
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Hameeda SheikhJul 25, 2024
Final Answer :
True
Explanation :
The CFO, or Chief Financial Officer, is responsible for overseeing the financial operations of a company and providing financial guidance to other executives. One of their key roles is to evaluate the financial feasibility of proposed projects and investments.

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