Final answer:
In most corporations, the CFO ranks under the CEO. The correct answer is A) True.
Step-by-step explanation:
The correct answer is A) True. In most corporations, the CFO (Chief Financial Officer) ranks under the CEO (Chief Executive Officer). The CEO is the top executive in the company, responsible for making strategic decisions and leading the overall operations. The CFO is a key member of the executive team and is in charge of managing the financial aspects of the company, including budgeting, financial reporting, and risk management. While the CFO may have significant influence and decision-making power, the CEO ultimately holds the highest authority in the company.