Who Is the Manager in Charge of Raising Cash for Operations

question 14

Multiple Choice

Who is the manager in charge of raising cash for operations and managing cash and near-cash assets?

• A)Chief financial officer.
• B)Controller.
• C)Treasurer.
• D)Internal auditor.

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Definitions:

Accounting Equation

The fundamental equation of accounting stating that assets equal liabilities plus equity (Assets = Liabilities + Equity).

Opportunities in Accounting

The various career paths and growth prospects available within the field of accounting.

Private Accounting

A field of accounting that involves working within a company to process financial transactions, manage financial records, and prepare internal financial reports.

Public Accounting

The field of accounting that involves providing assurance, tax, and consulting services to the public, typically performed by certified public accountants (CPAs).