In organizations with at least basic segregation of duties,the credit manager reports to the ________ and the treasurer reports to the ________.

Question

Quizplus · Accepted Answer

In organizations with basic segregation of duties, the credit manager is responsible for managing the credit process and ensuring that customers pay their bills on time, while the treasurer is responsible for managing the organization's cash and investments. Therefore, the credit manager should report to the treasurer, and the treasurer should report to the vice president of finance, who has overall responsibility for managing the organization's finances. Choice D is the only option that correctly reflects this reporting structure.

In Organizations with at Least Basic Segregation of Duties,the Credit