Asked by Logan Sisson on May 29, 2024
Verified
The treasurer is in charge of accounting while the controller supervises most other financial functions.
Treasurer
An officer in an organization responsible for managing the institution's treasury, including financial planning, risk management, and investment activities.
Controller
A high-level executive responsible for overseeing the accounting operations of a company, including financial reporting and budgeting.
- Know the primary roles and responsibilities of key financial positions in a corporation.
Verified Answer
SL
Shaee LoveeJun 01, 2024
Final Answer :
False
Explanation :
The controller is typically in charge of accounting and financial reporting, while the treasurer is responsible for the company's liquidity, investments, and risk management.
Learning Objectives
- Know the primary roles and responsibilities of key financial positions in a corporation.
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