In a Firm Having Both a Treasurer and a Controller,which

question 90

Multiple Choice

In a firm having both a treasurer and a controller,which of the following would most likely be handled by the controller?

• A) Internal auditing
• B) Credit management
• C) Banking relationships
• D) Insurance

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Definitions:

POS Terminal

A device used at retail locations to process sales transactions, accepting various forms of payment and recording purchase details.

UPC

Universal Product Code, a barcode used for tracking trade items in stores, consisting of a unique 12-digit numerical identifier.

Purchase Information

Details or data related to buying a product or service, such as price, quality, availability, and vendor reputation.

RFID

Radio-Frequency Identification, a technology used to remotely store and retrieve data using devices called RFID tags.