The person generally directly responsible for overseeing the cash and credit functions,financial planning,and capital expenditures is the:
A) treasurer.
B) director.
C) controller.
D) chairman of the board.
E) chief operations officer.

Question

Quizplus · Accepted Answer

The treasurer is the person generally directly responsible for overseeing the cash and credit functions, financial planning, and capital expenditures. The treasurer is responsible for managing the company's finances and ensuring that the company has the cash flow it needs to operate effectively. The treasurer reports to the chief financial officer and is responsible for implementing the financial strategies and policies established by the CFO and senior management team. Therefore, choice A is the best answer.

The Person Generally Directly Responsible for Overseeing the Cash and Credit