Final answer:
Arrangement of long-term financing is an integral part of the CFO's function in an organization.
Step-by-step explanation:
Arrangement of long-term financing is an integral part of the CFO's function in an organization. The Chief Financial Officer (CFO) is responsible for managing the financial affairs of a company, including determining the appropriate sources of long-term financing to support the organization's operations and growth. Long-term financing refers to funds raised by a company for more than one year, typically through debt or equity securities. It plays a crucial role in capital budgeting, strategic planning, and investment decisions. The CFO analyzes the company's financial performance, forecasts future cash flows, and evaluates different financing options to choose the most suitable and cost-effective long-term financing structure.