Which one of the following managers is most likely in charge of establishing the accounts receivable policy?
A) Purchasing manager
B) Credit manager
C) Controller
D) Production manager
E) Payables manager

Question

Quizplus · Accepted Answer

The credit manager is typically responsible for establishing the company's accounts receivable policy, which outlines the terms and conditions for extending credit to customers and collecting on outstanding debts. The purchasing manager is responsible for procuring goods and services, the controller oversees the overall financial operations of the company, the production manager is responsible for overseeing the production process, and the payables manager is responsible for managing the company's accounts payable.

Which One of the Following Managers Is Most Likely in Charge