Raising money and handling financial relationships with outsiders is a function of the:
A)controller.
B)treasury department.
C)accounting department.
D)All of the above

Question

Quizplus · Accepted Answer

Raising money and handling financial relationships with outsiders falls under the purview of the treasury department which is responsible for managing the organization's finances, investing money, and handling cash management. The role of the controller is to oversee accounting operations, while the accounting department is responsible for recording and reporting financial transactions. Therefore, options A and C are incorrect.

Raising Money and Handling Financial Relationships with Outsiders Is a Function