Which of the Following Typically Does Not Relate to the Role

question 36

Multiple Choice

Which of the following typically does not relate to the role of a controller?

• A)A controller supervises the accounting department.
• B)A controller safeguards an organization's assets.
• C)A controller oversees the preparation of reports required by governmental authorities.
• D)A controller normally assumes a narrow role within the organization,often preventing the individual's rise to top management ranks.
• E)Choices "B" and "D" abovE.

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Definitions:

Open-Book Account

An account that is open to charges made occasionally as needed.

Charges

Fees or payments required for services, or the formal accusations of wrongdoing.

Account Type

A classification that determines the features and rules applied to a financial or service account, such as savings, checking, or investment accounts.

Collections

The process or practices involved in pursuing payments of debts owed by individuals or businesses.