The person generally directly responsible for overseeing the cash and credit functions, ﬁnancial planning, and capital expenditures is the:
A) Treasurer.
B) Director.
C) Controller.
D) Chairman of the board.
E) Chief operations oﬃcer.

Question

Quizplus · Accepted Answer

The treasurer is typically responsible for overseeing cash and credit functions, financial planning, and capital expenditures. The controller is generally responsible for managing and reporting on financial accounting, whereas the director and chairman of the board have broader oversight responsibilities. The chief operations officer is responsible for the overall operations of the organization.

The Person Generally Directly Responsible for Overseeing the Cash and Credit