In a large company,the person who is responsible for comparing cash and the bank balance is the ________.
A)CEO
B)CFO
C)controller
D)treasurer

Question

Quizplus · Accepted Answer

The controller is responsible for overseeing the company's accounting and financial reporting. This includes ensuring that the cash balance in the company's accounts matches the bank balance. The CEO and CFO are higher-level executives who oversee the overall operations and financial strategy of the company, while the treasurer typically focuses on managing the company's cash and investments. Therefore, the most appropriate person to compare cash and the bank balance would be the controller.

In a Large Company,the Person Who Is Responsible for Comparing