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  3. the controller than the ) 1) which one of the foll

the controller than the ) 1) Which one of the following statements more aceurately describes...

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the controller than the ) 1) Which one of the following statements more aceurately describes A) Responsible for arranging any issue of common stock treasurer? tonitors capital expenditures to make sure that they are not misappropriated C) Responsible for investing the firm's spare cash D) Reports directly to the chief executive officer 2) In a large corporation, preparation of the firm's financial statements would most likely 2) be conducted by the: A) financial manager. C) controller. B) chief financial officer. D) treasurer. 3) A firm with spare cash 3) A) should pay it out to shareholders unless the firm can earn a higher rate of return on the cash than the shareholders can earn by investing in the capital market. B) should invest it in the safest projects available. C) should always reinvest it in new equipment D) should always invest it in U.S. equities. ) A share of IBM stock is purchased by an individual invector fou tE L

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