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प्रश्न
Explain the following Term/Concept:
Chief Financial Officer
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उत्तर
(1) Chief financial officer (CFO) is the officer of a company that has primary responsibility for managing the company’s finances which include financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors of the economy, CFO is also held responsible for the analysis of financial data. He helps in analyzing and recognizing the company‘s financial strengths and weaknesses.
(2) CFO is required to provide accurate and timely financial information to the company for the decision-making process. He may be appointed as a permanent employee in the rolls of the company or for a certain period of time on a contractual basis. He need not be the director of the company. He is required to sign audited financial statements of the company.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
To provide guidance to Board is _____ duty of company Secretary
Answer in one sentence.
Who provides guidance to the Board of Directors?
Correct the underlined word and rewrite the following sentence:
Public company must have minimum 15 Directors.
Correct the underlined word and rewrite the following sentence:
First Directors are appointed by ROC.
Correct the underlined word and rewrite the following sentence:
Secretarial Standards are given by the Companies Act, 2013.
Explain the following Term/Concept:
Non-Executive Director.
Explain the following Term/Concept:
Alternate Director.
Explain the following Term/Concept:
Casual vacancy of a Director.
Explain the following term/concept:
The Board of Directors
Study the following case/situation and express your opinion.
Mr. A is a commerce graduate. He has vast experience in the field of finance and the financial market. He wishes to become director of PQR co Ltd :
(a) Is he required to obtain DIN?
(b) Can PQR Co. Ltd. object to his directorship on lack of specialized qualification
(c) If he is appointed as director of PQR Co Ltd, is he entitled to remuneration?
Justify the following statement:
Indian companies prefer to appoint a M. D. than Manager.
Justify the following statement:
Secretarial Standards should be in conformity with the Act.
Answer the following question:
Explain the Company Secretary.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs a document of a company requiring authentication by a company.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
Write a word, a term, or a phrase which can substitute the following statement.
This KMP signs documents of the company requiring authentication by the company.
Write a word or a term or a phrase which can substitute the following statement.
This KMP signs document of company requiring authentication by company.
Write a word or a term or a phrase which can substitute the following statement:
This KMP signs document of company requiring authentication by company.
