Which One of the Following Statements More Accurately Describes the Controller

question 45

Multiple Choice

Which one of the following statements more accurately describes the controller than the treasurer?

• A) Reports directly to the chief executive officer
• B) Monitors capital expenditures to make sure that they are not misappropriated
• C) Responsible for investing the firm's spare cash
• D) Responsible for arranging any issue of common stock

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Definitions:

Equal Opportunity

The principle that all people should be treated similarly, without unreasonable discrimination or preference in areas like employment.

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort from holding two or more conflicting beliefs, ideas, or values.

External Locus Of Control

This occurs in people who feel they have no control over the events in their lives.

Content Conflict

Disagreement or dispute that arises over specific issues, facts, or matters at hand in a discussion or negotiation.