Who generally is responsible for providing the accounting department with information about financing and investing activities to create the appropriate general ledger journal entries?
A)The budget department.
B)The CFO.
C)The treasurer.
D)The CEO.

Question

Quizplus · Accepted Answer

The treasurer is generally responsible for managing the financing and investing activities of a company, which includes providing information to the accounting department to create the appropriate general ledger journal entries. The budget department may provide information related to budgets, but not necessarily financing and investing activities. The CFO and CEO may play a role in overseeing these activities, but it is not their primary responsibility to provide information to the accounting department.

Who Generally Is Responsible for Providing the Accounting Department with Information