CFM - Prequiz

___ is responsible to share the relevant knowledge and information with GS as an input to the quarter close process.

• CFM

• Finance Director

• BUF

• A2R

The CFM is not involved in PWC Statutory Audit Request processing.

• True

• False

__ has ultimate ownership and is supported by all.

• CFM

• Finance Director

• BUF

• A2R

Legal Entity Accounting Related activities are not considered CFM Roles and Responsibilities.

• True

• False

Operational Key Contact feeds back to the CFM.

• True

• False

In intercompany cross charges, CFM needs to be involved.

• True

• False

BUF is accountable to ensure timely, compliant and accurate completion of activities supporting financial close and reporting.

• True

• False

What are the two trial balances of J&J?

• MRC trial balance

• Legal Entity trial balance

• CFM Trial Balance

• BRAVO Trial Balance

CFM is responsible for reasonableness of the trial balances for their MRCs

• True

• False

___ is the face and Accounting Lead for actuals (BRAVO US GAAP only).