Select the true statement from those given below:
A)Capital processes require top management approval while investment processes only require treasurer approval.
B)Both the capital process and the investment process require only treasurer approval.
C)Both the capital process and the investment process require top management approval.
D)Neither the capital process nor the investment processes require top management approval.

Question

Quizplus · Accepted Answer

Both capital processes and investment processes require top management approval. This is because both involve significant financial decisions that can impact the long-term success of the company. The treasurer may have expertise in financial matters, but it is ultimately the responsibility of top management to ensure that the company's strategic goals are being met and that financial decisions align with those goals.

Select the True Statement from Those Given Below