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

The controller is responsible for the internal accounting and financial management functions of a firm, which may include internal auditing. The treasurer, on the other hand, is responsible for managing the firm's financial resources, including investments, cash management, and financing decisions. Credit management, banking relationships, and insurance may fall under the purview of the treasurer.

In a Firm Having Both a Treasurer and a Controller,which