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 - financer.

Question

Quizplus · Accepted Answer

The controller is the financial manager who is most directly responsible for producing the company's financial statements and directing its cost accounting functions. The chief financial officer (CFO) is responsible for overseeing all financial activities of the company, while the treasurer is responsible for managing the company's cash and investments. The vice president - finance may have a more strategic role in financial planning and analysis.

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