Classify roles within the organization (Learning Objective 3)

Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.

a. The_and the_report to the CEO.

b. The internal audit function reports to the CFO or_and the-.

c. The_is directly responsible for financial accounting, managerial accounting, and tax reporting.

d. The CEO is hired by the_.

e. The_is directly responsible for raising capital and investing funds.

f. The_is directly responsible for the company’s operations.
g. Management accountants often work with_.
h. A subcommittee of the board of directors is called the_.

Audit committee Treasurer Board of directors Controller CEO CFO Cross-functional teams COO