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GalinKa [24]
1 year ago
11

_____ includes banking and short- and long-term financing, investments, and cash management.

Business
1 answer:
Ratling [72]1 year ago
8 0

Controllership includes banking and short- and long-term financing, investments, and cash management.

<h3>What is Controllership?</h3>

The position of the controller, the position in charge, and the position in command are the definitions of controllership. An example of a person who holds the controllership responsibilities in a corporation is the person in charge of accounting and auditing.

The top accountant for a business or organization. The controller is in charge of both managerial and financial accounting and is the leader of the accounting division. He or she assists management in interpreting accounting data and taking the right action. Comptroller is another name for a controller.

Providing financial data for managers' and shareholders' reports as well as managing the overall operations of the accounting system are both responsibilities of the controllership.

Therefore, the correct answer is option C) Controllership.

The complete question is:

________ includes providing financial information for reports to managers and shareholders and overseeing the overall operations of the accounting system.

A) Internal audit

B) External audit

C) Controllership

D) Treasury

To learn more about Controllership refer to:

brainly.com/question/21305473

#SPJ4

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Answer:

option (A) 49 days

Explanation:

Data provided:

Net sales = $3,749.9 million

Accounts receivable on December 31, 2016 = $486.6 million

Accounts receivable on December 31, 2015 = $520.2 million

Now,

The duration from December 31, 2015 to December 31, 2016 = 365 days

Days sales outstanding = \frac{\textup{Average accounts receivable}}{\textup{Credit sales}}\times Number of days

or

Days sales outstanding = \frac{\frac{\$486.6 + \$520.2}{2}\textup{million}}{\$\textup{3,749.9 million}}\times365

or

Days sales outstanding = \frac{\$\textup{503.4 million}}{\$\textup{3,749.9 million}}\times365

or

Days sales outstanding = 48.99 ≈ 49 days

Hence,

The correct answer is option (A) 49 days

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6 0
4 years ago
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Answer:

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Answer:

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