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Which Statement Is True

Question 18

Multiple Choice

Which statement is true?


A) The finance department has an oversight responsibility for the effective management of the money other departments spend.
B) The Vice President of Finance is usually a position very different from that of a CFO.
C) The finance department will oversee the selling of stock, but not the paying of dividends.
D) Individual departments determine the feasibility of projects, while the finance department is only concerned with the funding of the project.

Correct Answer:

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