Which one of the following managers is most likely in charge of establishing the trade receivables policy?
A)Purchasing manager
B)Credit manager
C)Controller
D)Production manager
E)Payables manager

Question

Quizplus · Accepted Answer

The credit manager is responsible for establishing the company's trade receivables policy, including the terms of credit sales, the creditworthiness of customers, and the collections process. The purchasing manager is responsible for purchasing goods and services for the company, the controller oversees the company's financial reporting and analysis, the production manager is responsible for overseeing the production process, and the payables manager is responsible for managing the company's accounts payable.

Which One of the Following Managers Is Most Likely in Charge