The Positions of Treasurer and Controller Directly Report to The

question 54

Multiple Choice

The positions of Treasurer and Controller directly report to the:

• A) Audit Committee.
• B) Vice-President of Accounting and Finance.
• C) Chief Executive Officer.
• D) Chief Financial Officer.
• E) Accounting Manager.

---

Definitions:

Penetration Pricing

A strategy of setting a low initial price for a product or service to attract customers quickly and gain market share.

Developmental Costs

Expenses associated with the research and development of a company's goods or services before they can be sold commercially.

Credit Account

is a financial arrangement where a borrower receives something of value now and agrees to repay the lender at a later date, often with interest.

Small Business Owner

A proprietor of a business enterprise that typically has a limited number of employees and a relatively low volume of sales.