What does CFO represent in organizational terms?

Prepare for the USCIS Asylum Officer Test. Study with flashcards and multiple-choice questions, each question offers hints and explanations. Get ready for your exam!

The term CFO typically stands for Chief Financial Officer in organizational contexts. The Chief Financial Officer is a critical executive role within a company responsible for overseeing the financial operations. This includes managing financial planning, risk management, record-keeping, and financial reporting. The CFO plays a key role in strategic decision-making and often reports directly to the Chief Executive Officer (CEO) and is a member of the executive management team.

While other options may represent financial offices or roles in various contexts, none carry the same recognition or importance as the title of Chief Financial Officer, which is widely accepted in the business community. Therefore, the correct interpretation of CFO aligns clearly with the established and recognized terminology used in organizations.

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