The Treasurer:
A) Is responsible for overseeing the data processing functions within a ﬁrm.
B) Has the responsibility for managing the cash for an organization.
C) Must keep current on tax laws since he/she is responsible for managing the taxes for a ﬁrm.
D) Must ﬁle quarterly ﬁnancial statements in a timely manner.
E) Reports directly to the Chief Executive Oﬃcer of a corporation.

Question

Quizplus · Accepted Answer

The Treasurer is responsible for managing the cash for an organization, including forecasting cash flows, investing excess cash, and ensuring that there is enough cash on hand to meet financial obligations.