Which one of the following managers is most likely in charge of establishing the trade receivables policy?

Question

Quizplus · Accepted Answer

The credit manager is typically responsible for establishing the trade receivables policy, as they are in charge of overseeing the company's credit operations and ensuring the timely collection of outstanding debts. The purchasing manager is responsible for sourcing and procuring goods and services, the controller oversees the company's financial reporting and budgeting, the production manager is responsible for overseeing manufacturing operations, and the payables manager is in charge of managing the company's accounts payable.

Which One of the Following Managers Is Most Likely in Charge