correct option: Cash management
Cash management must be managed by Treasurers since they have been trained to do so and for this purpose, they work in the company. on the other hand Controller on the other side focus on in internal function like prepare budgets & supervise accounting and audit work
Which one of the following functions should be assigned to the treasurer rather than the controller?...
Which of the following statements more accurately describes the treasurer than the controller? Monitors capital expenditures to make sure that they are not misappropriated Responsible for investing the firm's spare cash Responsible for arranging any issue of common stock Responsible for the company's tax affairs
All of the following are responsibilities of a controller EXCEPT : a. pension fund management b. data processing C. taxes d. financial accounting
Which of the following deals with managing the money of the company? A. Controller B. Treasurer C. Auditor D. None of the above
Which of the following statements about managerial accounting is false? Financial accounting is based on reliable, historical information, while managerial accounting is based on relevant, forward-looking information O External auditors are used to verify the reliability of financial information to the investing public Managerial accounting is focused on reporting the results of segments within a business, while financial reporting is focused on reporting the results of the O consolidated company as a whole. The Chief Operating Officer is responsible for...
Which of the following responsibilities of operations managers is considered a directing activity rather than a planning or control activity? Select one: a. selecting production equipment b. product mix decisions c. scheduling workers d. inventory management e. layout of production facilities
Solve the following initial value problem For step functions, remember to use u(t- c) rather than ue(t) Solve the following initial value problem For step functions, remember to use u(t- c) rather than ue(t)
In December 2017, Rangers Inc. invested $100,000 of idle cash in U.S. Treasury notes. The notes mature on October 1, 2018, at which time Rangers expects to redeem them at face value of $100,000. The treasurer believes that the notes should be classified as cash equivalents because of the plans to hold them to maturity and receive face value. He also wants to avoid presentation of the purchase as an investing activity because the company made sizable capital expenditures during...
Which of the following statements about managerial accounting is false? Managerial accounting is based on reliable, historical information, while financial accounting is based on relevant, forward-looking information External auditors are used to verify the reliability of financial information to the investing public o The Chief Financial Officer is responsible for managing financial risk within an organization, and both the Treasurer and the Controller typically report up to the CFO. Managerial accounting is focused on reporting the results of segments within...
QUESTION 3 1 All of the following are advantages of issuing bonds rather than stock except O financial leverage. payment of bond interest is not required bond interest is tax-deductible. bondholders do not have voting rights.
Which of the following would likely be considered an internal user of accounting information rather than an external user? A.Stockholders. B.Consumer groups. C.Lenders. D.Middle-level managers. E.Government agencies.