What position is typically responsible for financial accounting, managerial accounting, and tax reporting? a

Management Dec 24, 2020

What position is typically responsible for financial accounting, managerial accounting, and tax reporting?

a. Audit committee

b. Controller

c. Treasurer

d. CFO

Expert Solution

The correct answer is (b) Controller.

The task of a Controller is to manage the finances of the company. A controller is the top executive of the finance and accounting department and looks after the tax reporting and managing cash flows. The controller is responsible for various Management Information System (MIS) reports related to finance.

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