What is the full form of "CAO"?

A. Cost of Assets

B. Chief Accounting Officer

C. Chief Administrative Officer

D. Capital of Assets

Answer: Option B

Solution(By Examveda Team)

Chief accounting officers (CAOs) are in charge of the entire accounting department of their institution. They are responsible for their company's accounting operations and financial reporting functions. They oversee accounting and administrative staff. They must make sure that their staff follow procedures and adhere to various regulatory rules and regulations.