Which of the Following Regarding the Organizational Chart Is False

question 216

Multiple Choice

Which of the following regarding the organizational chart is false?

• A) A duty of the cash manager is managing short-term borrowings.
• B) A duty of the credit manager is making credit policy decisions.
• C) A duty of the purchasing manager is negotiating payment terms on purchases.
• D) A duty of the payables manager is determining whether or not to take discounts on purchases.
• E) A duty of the controller is making short-term investments.

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Definitions:

Contextual Intelligence

The ability to understand and adapt to different environments and situations by applying relevant knowledge and skills.

Practical Application

The use of theoretical knowledge in a real-world context to solve practical problems or achieve specific outcomes.

Intelligence

The ability to learn from experience, solve problems, and use knowledge to adapt to new situations.

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A highly intelligent bird species native to the rainforests of West and Central Africa, known for its ability to mimic human speech.