To whom does the Treasurer most likely report?
Correct answer: A. Chief Financial Officer
- A. Chief Financial Officer
- B. Vice President of Operations
- C. Chief Executive Officer
- D. Board of Directors
Explanation
The treasurer normally manages cash, financing, banking relationships, and financial risk under the chief financial officer. The CFO is the senior executive responsible for the finance function, including treasury.
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About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
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