To aid internal control, the individual authorized to sign cheques should be which of the following?
A) Supervisor of receiving.
B) Accounts payable bookkeeper.
C) Treasurer.
D) Purchasing agent.

Question

Quizplus · Accepted Answer

The treasurer is typically responsible for an organization's financial matters, including the authorization and signing of checks. This role is separate from the operational duties of receiving, bookkeeping, and purchasing, helping to maintain a system of checks and balances within the company's financial operations.

To Aid Internal Control, the Individual Authorized to Sign Cheques