To aid internal control, the individual authorized to sign cheques should be which of the following?

Question

Quizplus · Accepted Answer

The treasurer is typically the individual authorized to sign cheques and is responsible for managing the organization's banking and financial activities, making them the most appropriate choice to ensure internal control when it comes to signing cheques. Other individuals listed may have roles related to financial transactions but may not have the overall responsibility and authority to authorize and sign cheques.

To Aid Internal Control, the Individual Authorized to Sign Cheques