The financial manager most directly responsible for producing the company's financial statements and directing its cost accounting functions is the
A) chief financial officer.
B) controller.
C) treasurer.
D) vice president-financier.

Question

Quizplus · Accepted Answer

The controller is responsible for producing the company's financial statements and overseeing the cost accounting functions. The CFO is a higher-level executive who is more focused on overall financial strategy and decision making. The treasurer is generally responsible for managing the company's cash and investments. The title "vice president-financier" is less commonly used and may vary in responsibilities depending on the company.

The Financial Manager Most Directly Responsible for Producing the Company's