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Which section has the overall responsibility for the maintenance of customer account codes?

1) Sales department
2) Finance department
3) Human resources department
4) IT department

User Johnatan
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1 Answer

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Final answer:

The Finance department is mainly responsible for the maintenance of customer account codes, since it handles the company's financial records and transactions. Other departments provide support, but finance is accountable for the accurate tracking and management of these codes.

Step-by-step explanation:

The section that has the overall responsibility for the maintenance of customer account codes is the Finance department. The Finance department is in charge of managing financial aspects of a company, which typically includes tasks such as tracking cash flow, budgeting, handling of payments, and maintaining financial records, including the management of customer account codes. Account codes are vital for tracking customer transactions, ensuring accurate billing, and for financial reporting purposes. Therefore, maintaining these codes is an integral function within the finance team.

Other departments, such as Sales, Human Resources, and IT support the Finance department with information and systems needed for managing these accounts properly. The Sales Department might initiate the establishment of customer accounts, the Human Resources department will handle staffing needs, while the IT department might provide necessary technical support or systems that track and store account code data. However, the overall responsibility for the accuracy and maintenance rest with the Finance department.

User Darrein
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