In a firm having both a treasurer and a controller, which of the following would most likely be handled by the controller?

Question

Quizplus · Accepted Answer

Internal auditing typically falls under the responsibilities of the controller, as it involves monitoring and evaluating the effectiveness of a company's internal controls and financial reporting. Credit management, banking relationships, and insurance may be handled by either the treasurer or the controller, depending on the specific organization and division of duties.

In a Firm Having Both a Treasurer and a Controller