Operating Control Over the Check Signature Plate Normally Should Be

question 42

Multiple Choice

Operating control over the check signature plate normally should be the responsibility of the:

• A)Secretary.
• B)Chief accountant.
• C)Vice President of Finance.
• D)Treasurer.

---

Definitions:

Internal Revenue Service

The federal agency responsible for enforcing U.S. tax laws and collecting taxes.

Creditor

An entity (person or institution) that lends money or extends credit to another entity.

Investor

A person or organization that invests money anticipating financial gains in return.

Discount Rate

The interest rate used to determine the present value of future cash flows in discounted cash flow analysis.