Examlex

Solved

Match Each of the Following Personnel with the Description That

question 40

Short Answer

Match each of the following personnel with the description that best represents their role within most organizations.
a.Responsible for all finance and accounting functions within the organization and typically reports to the chief executive officer.
b.Elected by the shareholders of the company.
c.Assists in preparing financial information, usually in accordance with GAAP, for those outside the company.
d.Responsible for confirming that controls within the company are effective in ensuring accurate financial data, and serves as an independent link with the board of directors.
e.Assists in preparing tax reports for governmental agencies including the Internal Revenue Service.
f.Assists in preparing information used for decision-making within the organization.
g.Oversees the managerial accountant, financial accountant, and tax accountant.
h.Responsible for obtaining financing for the organization, projecting cash flow needs, and managing cash and short-term investments.
-Financial accountant


Definitions:

Drawee Bank

The bank upon which a check is drawn, meaning the bank that is ordered to pay the check's amount.

Aggravated Identity Theft

A crime involving the deliberate use of someone else's identity to carry out illegal activities, especially when it involves fraud or theft and results in severe consequences.

Signature Card

A document signed by an account holder at a financial institution, providing a specimen signature for verification purposes.

Unauthorized Use

Utilization of property, resources, or information without permission, typically violating legal or contractual boundaries.

Related Questions