Which of the following usually would be responsible for preparing operating center performance reports?
A)general ledger accounting department
B)budgeting department
C)financial reporting officer
D)managerial reporting officer

Question

Quizplus · Accepted Answer

Managerial reporting officers typically prepare operating center performance reports since their role is to provide feedback to management on how well a particular center is functioning. They are responsible for analyzing financial and operational data and presenting it in a format that is useful for decision-making. The general ledger accounting department is responsible for maintaining the company's financial records, while the budgeting department prepares the budget for the company. The financial reporting officer is responsible for ensuring that the company's financial statements are accurate and comply with legal requirements.

Which of the Following Usually Would Be Responsible for Preparing