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3 years ago

Is the person responsible for raising the firm’s capital and investing its funds?

Business

2 answers:

iogann1982 [59]3 years ago

8 0

Answer:

treasurer.

Explanation:

This question wants to test our knowledge on managerial accounting. So, let us first fill in the gap in the question above, note that the capitalized word is the missing word in the gap;

'' The TREASURER Is the person responsible for raising the firm’s capital and investing its funds".

Every company or business organization must surely have a treasury and this is the ''heart" of all business organizations. The treasury is needed to be in good state for the proper and efficient management of the company or business organization.

A TREASURER helps in the management of the company or the business organization's funds.

The following are the other roles of a treasurer apart from the one mentioned in the question above:

(1). The treasurer make sure that there is good record-keeping.

(2). Treasurers do make plannings relating to the Financial section of the company.

(3). Treasurers make sure that the company is secured financially.

Bumek [7]3 years ago

5 0

I guess the answer is treasurer.

The treasurer is responsible for raising capital through issuing stocks and bonds, and investing funds.

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