Which of the following positions is primarily responsible for raising capital and investing funds?A) The treasurerB) The COOC) T

Question

arlik [135]

3 years ago

13

Which of the following positions is primarily responsible for raising capital and investing funds?A) The treasurerB) The COOC) T

he CFOD) The CEO

Business

1 answer:

Ede4ka [16] · Answer 1 · 2022-06-06T21:45:37+03:00

Answer: <em>Option (A) is correct.</em>

Explanation:

A treasurer is known as a an individual who is responsible for working the treasury of a/an firm/organization. The compelling main functions of an organizations treasurer usually include liquidity and cash management, corporate finance and risk management. They are also primarily responsible for increasing capital via issuing bonds, stocks and investing funds. They tend to report back to CFO.