Finance in an organization

Corporate finance is concerned with the different aspects of a business's financial management. The chief financial officer $($CFO$)$ is the top financial position in the organization and oversees several tasks.

The CFO is not responsible for which of the following departments? Check all that apply.

Production

Research and development

Capital budgeting

Accounting

Administration

The US Securities and Change Commission $($SEC$),$ a US federal agency, is considered to be an investor's advocate. Its purpose is to protect investors, maintain market integrity, and facilitate capital formation. Under the Sarbanes$-$Oxley Act of $2002,$ the SEC requires CFOs to certify that the firm's:

growth plans are on track

earnings numbers are accurate

financial statements are audited

shareholders are protected