Final answer:
The chief financial officer (CFO) of an organization typically belongs to the category of top managers. They are responsible for financial planning, risk management, and reporting to the CEO and the board of directors, but they are not usually members of the board unless holding a concurrent directorship role. The correct option is d.
Step-by-step explanation:
To answer the question, the chief financial officer (CFO) of an organization typically belongs to the category of top managers.
This executive role is critical in managing the company's finances and often reports directly to the Chief Executive Officer (CEO) and the board of directors. The CFO has a significant impact on the company’s strategy, investment decisions, and financial integrity.
The board of directors is a group elected by the shareholders that oversee the company's management to ensure the firm runs in the interests of the shareholders. They have substantial influence over the company's governance and the election of top executives, including the CFO.
Top executives, like the CFO, are key players in corporate governance, but they are not typically members of the board of directors unless also holding a directorship position.
Top managers, including the CFO, collaborate closely with the board of directors and influence the selection of board members. Communication and accountability between top managers and the board of directors are essential to maintaining the corporation's wellbeing and stakeholders' trust. The correct option is d.