A company holds bearer bonds as a short-term investment.Responsibility for custody of these bonds and submission of coupons for collections of periodic interest probably should be delegated to the

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The treasurer is responsible for managing a company's short-term investments, including custody of bearer bonds and submission of coupons for collections of periodic interest. This is in line with the treasurer's overall responsibility for managing the company's cash and investments. The chief accountant is responsible for financial reporting and the internal auditor is responsible for ensuring compliance with internal controls and procedures, but neither of these roles involves managing short-term investments. The cashier may handle cash and checks, but is typically not responsible for managing investments.

A Company Holds Bearer Bonds as a Short-Term Investment