Which One of the Following Functions Should Be the Responsibility

question 15

Multiple Choice

Which one of the following functions should be the responsibility of the controller rather than the treasurer?

• A)daily cash deposit
• B)income tax returns
• C)equipment purchase analysis
• D)customer credit approval
• E)payment to a vendor

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Definitions:

Alcohol

A chemical compound that is a widely used depressant in beverages; can be intoxicating if consumed in sufficient quantities.

Levy

An imposed tax, charge, or fine on an individual or a company by a government or authoritative body.

Consumption

Refers to the total amount of goods and services that households and individuals buy and use within an economy.

Complements

Products or services that are used together, enhancing the value or demand of each other when consumed in combination.