The officer who is generally responsible for maintaining the cash position of the corporation is the
A) controller.
B) treasurer.
C) cashier.
D) internal auditor.

Question

Quizplus · Accepted Answer

The treasurer is typically responsible for managing the cash position of a corporation, including cash receipts, disbursements, and investments. The controller is responsible for financial reporting and analysis, while the cashier handles the physical exchange of money. The internal auditor is responsible for reviewing and assessing the effectiveness of a company's internal controls and risk management processes.

The Officer Who Is Generally Responsible for Maintaining the Cash