The controller can be deﬁned as the person who is generally responsible for overseeing the _____ of a ﬁrm.
A) Cash balances.
B) Capital expenditures.
C) Production functions.
D) Accounting functions.
E) Financial planning.

Question

Quizplus · Accepted Answer

The controller is primarily responsible for overseeing the accounting functions of a firm, including financial reporting, record keeping, and compliance with accounting standards and regulations. While they may also be involved in financial planning, cash management, and capital expenditure decisions, these responsibilities typically fall under the purview of other executives within the organization (such as the CFO or treasurer).

The Controller Can Be Deﬁned as the Person Who Is