Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

37 Organizational Structure. The following list of personnel within organizations comes from Figure 1.1 1. Board of directors 2. Chief financial officer 3. Controller 4.

image text in transcribed

37 Organizational Structure. The following list of personnel within organizations comes from Figure 1.1 1. Board of directors 2. Chief financial officer 3. Controller 4. Managerial accountant 5. Financial accountant 6. Tax accountant 7. Treasurer 8. Internal auditor Required: Match each previous item with the most accurate description as follows. a. Assists in preparing information used for decision making within the organization b. Assists in preparing tax reports for governmental agencies, including the Internal Revenue Service c Responsible for confirming that controls within the company are effective in ensuring accurate financial data, and serves as an independent link with the board of directors d. Responsible for all finance and accounting functions within the organization and typically reports to the chief executive officer e. Elected by the shareholders of the company f. Oversees the managerial accountant, financial accountant and tax accountant 9. Responsible for obtaining financing for the organization, projecting cash flow needs, and managing cash and short-term investments h. Assists in preparing financial information, usually in accordance with U.S. GAAP for those outside the company

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting Volume 1

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy

13th Canadian Edition

1119740460, 978-1119740469

More Books

Students also viewed these Accounting questions

Question

What questions do you have for us?

Answered: 1 week ago