Proper Authorization for the Issuance of Notes Payable Requires That

Proper authorization for the issuance of notes payable requires that

A) whenever notes are renewed (refinanced) ,they should be subject to the same authorization procedures as used when they were first issued.
B) responsibility for authorizing notes should lie with the manager who will receive the benefits of the loan.
C) responsibility for authorization should lie with the treasurer's function,since the treasurer's department will receive the cash generated.
D) responsibility for authorization should lie with the manager who must generate the revenue to repay the loan.