Final answer:
The responsibilities of the CFO include budgeting for a plant upgrade, managing financing, and conducting internal audits.
Step-by-step explanation:
The CFO, or Chief Financial Officer, has several responsibilities within a company. One of these responsibilities is to budget funds for a plant upgrade. This involves analyzing financial data, considering future projections, and allocating funds to ensure the successful completion of the upgrade. Additionally, the CFO is responsible for managing short-term and long-term financing. This entails overseeing the financial resources of the company, making decisions on borrowing or investing, and ensuring the company has adequate funding for its operations. Finally, the CFO is involved in conducting internal audits. This involves evaluating the company's financial records, processes, and controls to ensure accuracy, compliance, and efficiency.