The treasurers major duties include:providing operating capital for long-term financing; maintaining shareholder relations; short-term financing.

ACCOUNTING FOR MANAGEMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The treasurer’s major duties include:providing operating capital for long-term financing; maintaining shareholder relations; short-term financing.

A	TRUE
B	FALSE

Explanation:

Detailed explanation-1: -A treasurer may be in charge of or oversee the organization’s financial affairs, which may include activities as simple as choosing a bank, reconciling bank statements, and monitoring cash flow. The treasurer may also be responsible for investing funds in accordance with applicable legislation.

Detailed explanation-2: -The answer is C. Cash management and banking relationships. Generally, the treasurer has oversight of cash management, banking and custodial relationships, and capital markets financing activities.

Detailed explanation-3: -The treasurer of a company has the responsibility to support the future capital needs of the company. They can do this through: saving cash by not paying bills. setting up lines of credit to use for financing long term assets.

There is 1 question to complete.

BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ACCOUNTING FOR MANAGEMENT