Question
a.
The CFO supervises the Front Office and Back Office.
b.
The CFO directly reports to the CEO.
c.
The CFO oversees the entire investment department.
d.
The CFO is responsible for trading guidelines.
Posted under IC 89 Management Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. What role does the Chief Financial Officer (CFO) play in the reporting structure of the investment department?
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. What is the purpose of the Authority Matrix?
View solution
Q. What is the purpose of the Maker/Checker procedure?
View solution
Q. What is the role of the Cash Management System (CMS) in managing liquidity risks?
View solution
Q. What is the purpose of the System in monitoring and controlling Inter Fund Transfer transactions?
View solution
Q. What types of risks are associated with investments?
View solution
Q. What is the significance of the System capturing and considering Instrument Ratings?
View solution
Q. Why is the periodic credit review necessary for investee companies?
View solution
Q. What role does the System play in compliance with regulatory requirements?
View solution
Q. What is the purpose of the facility to upload transactions like Stock Splits, Dividend Receipts, etc., in the System?
View solution
Q. What is the significance of maintaining NAV history in the system?
View solution
Q. How often should major expenses like management fees be accrued for computation of NAV?
View solution
Q. What is the regulatory requirement for insurers with Asset under Management (AUM) not exceeding Rs. 1000 crores regarding internal audit of investments?
View solution
Q. What is the role of the Audit Committee in the internal audit process?
View solution
Q. What is the requirement for reconciliation in the case of ULIP products for life insurers?
View solution
Q. In what manner are shareholders' funds beyond the Solvency Margin treated in terms of investment?
View solution
Q. When should the insurer confirm the implementation of Internal/Concurrent Audit observations to the Authority?
View solution
Q. Which of the following is a financial asset?
View solution
Q. ___________ reflects volatility of return on an investment relative to market swings.
View solution
Q. Which of the following Government securities are rooted with derivatives, such as call options and put options?
View solution
Q. What is the maximum period of maturity for money market instruments?
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!
