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(a) Which one of the following functions should be the responsibility of the controller rather than the treasurer? A daily cash deposit B
(a) 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 (b) The controller of a corporation generally reports directly to the A. board of directors B. chairman of the board. C. chief executive officer D. president E. vice president of finance (c) Which one of the following best illustrates that the management of a firm is adhering to the goal of financial management? A. increase in the amount of the quarterly dividend B. decrease in the per unit production costs C. increase in the number of shares outstanding D. decrease in the net working capital E. increase in the market value per share 1
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