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) budget department
B) controller
C) treasurer
D) chief executive officer

Question

Quizplus · Accepted Answer

The treasurer is generally responsible for providing information about financing and investing activities to the accounting department as they are responsible for managing the organization's finances, including deciding how to finance operations and where to invest excess funds. The budget department is responsible for preparing the organization's budget, the controller oversees the accounting function, and the chief executive officer has overall responsibility for the organization but may not be directly involved in providing detailed financial information to the accounting department.

Who Generally Is Responsible for Providing the Accounting Department with Information