A company has additional temporary funds to invest. The Board of Directors decided to purchase marketable securities and assigned the future purchase and sale decisions to a responsible financial executive. The best person(s) to make periodic reviews of the investment activity authorized by that executive should be
A. An investment committee of the Board of Directors.
B. The chief operating officer.
C. The corporate controller.
D. The treasurer.
Answer: An investment committee of the Board of Directors
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.