The corporate oﬃcer generally responsible for tasks related to cash and credit management, ﬁnancial planning, and capital expenditures is the:
A) Corporate Treasurer.
B) Director.
C) Corporate Controller.
D) Chairman of the Board.
E) Vice President of Operations.

Question

Quizplus · Accepted Answer

The tasks related to cash and credit management, financial planning, and capital expenditures are typically handled by the corporate treasurer. The director is a broad term that could refer to a variety of positions. The corporate controller is responsible for accounting and financial reporting, but not necessarily cash and credit management. The chairman of the board is responsible for leading the board of directors, but not necessarily the day-to-day financial operations. The Vice President of Operations is responsible for overseeing production, but not necessarily financial planning and management.

The Corporate Oﬃcer Generally Responsible for Tasks Related to Cash