Asked by Gurlivleen Singh on May 10, 2024
Verified
Corporate controllers are responsible for the accounting functions in most large corporations.
Corporate Controllers
Senior financial officers within a corporation responsible for overseeing accounting functions, financial reporting, and internal controls.
Accounting Functions
The systematic process of recording, analyzing, summarizing, and reporting the financial transactions of a business.
- Comprehend the functions and duties of individuals in a corporate finance department.
Verified Answer
TZ
tashfa zahidMay 14, 2024
Final Answer :
True
Explanation :
Corporate controllers are indeed responsible for the accounting functions in most large corporations, such as financial reporting, budgeting, and management of financial risks.
Learning Objectives
- Comprehend the functions and duties of individuals in a corporate finance department.
Related questions
The CFO Is the Person Primarily Responsible for Judging the ...
The Treasurer Is Usually the Executive in Charge of the ...
In Firms of Moderate Size or Larger, the Finance Department ...
The Following Position(s)and/or Department(s)is/are in the Finance Department Under the ...
The Executive in Charge of the Finance Department Is the ...