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The Treasurer

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Q: Who is the officer that is generally responsible for maintaining the cash position of the corporation?
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An increase in a company's working capital ratio generally indicates an financial position?

stable


Who is an account clerk?

An accounting clerk can have many roles within an accounting department. A clerk can be responsible for receivables, payables, and billing. The clerk is usually the lowest ranking accounting position.


How does responsibility accounting system foster goal congruence?

Responsible accounting ensures that the business is accurately reporting their financial position. This supports congruence because they are transparent in their business dealings.


How to Form a Corporation ?

Many business owners choose to form corporation for a variety of reasons. If you are considering formation a corporation, you may want to consider the process to decide if you are prepared and able to complete the process without an attorney.First, you will need to have a name for the corporation. Check with your state’s office for the rules on naming a corporation but generally you will need to choose a name that is not already being used. The name you select cannot be the same as the name of any other corporation on file. The name also must end with the words “Corporation,” “Incorporated,” or “Limited,” or any of the appropriate abbreviations. There are also terms that cannot be used such as Bank, United States or Federal.In order to form a corporation you will also need to appoint directors who will make policy and financial decisions for the corporation. The duties include authorizing issuance of stock and setting salaries. Typically, the owners of the business appoint themselves as directors but they are not required to be.Articles of Incorporation will need to be filed for the corporation with the secretary of state in your state’s capital city. Articles of Incorporation may also be referred to as a certificate of incorporation or a charter. Usually, this is a standard form to be completed that includes the owner’s and co-owner’s (if any) names, signatures and office address. The Articles of Incorporation usually include a fee for filing of $100 to $800 depending upon the state office that you are filing with.Bylaws are then prepared for the corporation which are the rules that govern the operations of the corporation. Often, the corporate bylaws can be prepared by following any number of self help resources or an attorney can draft them for the corporation. A Shareholder’s Agreement is also prepared which designates the plan in the event an owner retires or leaves the corporation.Corporations will need to hold a First Meeting of the Board of Directors to handle further decisions in setting the corporation’s fiscal year, appointing officers and adopting an official stock certificate and corporate seal.In the final steps of forming a corporation, you will need to issue shares of stock to divide the ownership interests in accordance with securities laws and obtain any necessary licenses and permits for starting new businesses.If you are not certain about handling any of the steps in forming a corporation, you may wish to consult with an attorney that handles business matters.


Discuss the relative use of credit between large and small firms Which group is generally in the net creditor position and why?

Larger firms tend to be in a net creditor position because they have the financial resources to be suppliers to credit. The smaller firm must look to the larger manufacturer or wholesaler to help carry the firm's financing requirements.

Related questions

What is the structure in the ear responsible for maintaining balance?

The vestibular system has the responsibility for providing your brain with information about its position in the environment, resulting in maintaining balance.


Who is responsible for handling money dues collected and keeping records and maintaining a budget?

In smaller organizations, these functions are all handled by an officer with the position and title of Treasurer.


An ownership position in a corporation and represents a claim in the corporation's assets and profits?

Stockholder.


What signifies an ownership position in a corporation and represents a claim in the corporation's assets and profits?

Stockholder.


Signifies an ownership position in a corporation and represents a claim in the corporation's assets and profits?

Stockholder.


What of the following signifies an ownership position in a corporation and represents a claim in the corporation's assets and profits?

stock A+


Who is an area leader?

An Area Leader is generally someone that is responsible for a territory. This position is generally a manager. For example, if there is a sales team of 50 people in the NW region of the U.S., then this person could be the Area Manager for this region.


Which position is the highest in the House of Representatives?

The highest position in the House of Representatives is the Speaker of the House. The Speaker, elected by members of the House, is responsible for overseeing the legislative process, managing debates, and maintaining order in the chamber. They are third in line to succeed the President, after the Vice President and the Speaker.


What can generally be defined as a change in position?

Movement is a change in position


What is David Dorman's position?

Chairman and chief executive officer, AT and T Corporation


What signifies an ownership position in a corporation and represent a claim in the corporations assets and profits?

Stockholder.


What are the Interview questions asked by Indian oil corporation ltd?

The Interview questions asked by Indian oil corporation Ltd will vary depending on the position one is interviewing for. It is imperative to be well-informed about the company and the job description for the position you apply for.