Answered: Does every company have both a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Part 1

A controller is concerned mainly with the company's financial matters, the treasurer with operating matters. In small organizations, there are sufficient activities associated with both financial and operating matters to justify two separate positions. In a large organization, the same person might be both treasurer and controller.

A treasurer is concerned mainly with the company's financial matters, the controller with operating matters. In large organizations, there are sufficient activities associated with both financial and operating matters to justify two separate positions. In a small organization, the same person might be both treasurer and controller.

A treasurer is concerned mainly with the company's financial matters, the controller with operating matters. In small organizations, there are sufficient activities associated with both financial and operating matters to justify two separate positions. In a large organization, the same person might be both treasurer and controller.

A controller is concerned mainly with the company's financial matters, the treasurer with operating matters. In large organizations, there are sufficient activities associated with both financial and operating matters to justify two separate positions. In a small organization, the same person might be both treasurer and controller.

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