A company has additional temporary funds to invest. The Board of Directors decided to purchase marketable securities and assigned the future purchase and sale decisions to a responsible financial executive. The best person(s) to make periodic reviews of the investment activity authorized by that executive should be

Question

Quizplus · Accepted Answer

The investment committee of the Board of Directors is the best choice to make periodic reviews of the investment activity authorized by the financial executive as they are responsible for overseeing the company's investment strategy and ensuring it is aligned with the company's goals and objectives. The other options do not have the same level of oversight or expertise in investment management.

A Company Has Additional Temporary Funds to Invest