Final answer:
The functions of CN VIII (Vestibulocochlear) include both hearing and balance. It carries information about equilibrium and auditory sensations from the inner ear to the medulla.
Step-by-step explanation:
The functions of CN VIII (Vestibulocochlear) include both hearing and balance. The vestibulocochlear nerve carries information about equilibrium from the ear to the medulla. It consists of two separate divisions: one for balance, composed of the utricle, saccule, and semicircular canals, and one for hearing, which transduces sound waves into neural signals in the cochlea.