Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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.

Assists in preparing information used for decision making within the organization

Assists in preparing tax reports for governmental agencies, including the Internal Revenue Service

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

Responsible for all finance and accounting functions within the organization and typically reports to the chief executive officer

Elected by the shareholders of the company

Oversees the managerial accountant, financial accountant, and tax accountant

Responsible for obtaining financing for the organization, projecting cash flow needs, and managing cash and short-term investments

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

Risk Based Tax Audits Approaches And Country Experiences

Authors: Munawer Sultan Khwaja, Rajul Awasthi, Jan Loeprick

1st Edition

0821387545, 978-0821387542

More Books

Students also viewed these Accounting questions

Question

Organizing Your Speech Points

Answered: 1 week ago