Question

Q. In the investment industry, cash management is most likely the responsibility of the:

A. treasurer.
B. general counsel.
C. chief risk officer.​

Answer 1

A. treasurer

Step-by-step explanation:

Cash management, also known as treasury management, entails collecting and managing cash flow. In an investment set-up, the treasurer is responsible for cash management. The treasurer has to maintain updated records of all the inflows and outflows arising from an investment.

Cash management is a critical section of an investment. The success of investment has a direct link to how it manages its cash. The treasurer should be familiar with cash management strategies, cash flow cycles, and other responsibilities associated with cash management.