The controller's responsibilities are primarily          in nature, while the treasurer's responsibilities are primarily related to         .

Allowing only the treasurer to sign checks is an example ofGroup of answer choicesestablishment of responsibility.segregation of duties.other controls.documentation procedures.

From the standpoint of good internal control, the credit manager should be responsible to theSelect one:a.treasurerb.customer-service managerc.controllerd.sales manager

10. The _____ maintains the state’s fiscal accounts and orders payments into and out of the funds held by the Treasurer.*1 pointa. Treasurerb. Comptrollerc. Secretary of State

Review the statements below and choose the one that correctly describes a control account.Multiple choice question.A control account is a separate account that is a detailed record of a general ledger account.A control account is updated at the end of an accounting period to reflect the net change in all equity accounts.A control account appears in a subsidiary ledger and is supported by a general ledger account.A control account appears in the general ledger and is supported by a subsidiary ledger.

Explain what a control account is by completing the following sentence. A control account appears in the general ledger and is supported by information in a separate (general/subsidiary) ledger.