Within the financial function of an organization, which office generally is responsible for managing the firm’s cash and credit, its financial planning, and its capital expenditures.
The Treasurer’s Office
Within the financial function of an organization, which office is generally responsible for handling cost and financial accounting, tax payments, and management in formation systems.
The Controller’s Office
What is known as a potential future negative impact to value and/or cash flows, and is also often discussed in terms of the probability of loss and the expected magnitude of the loss.
Risk can mean the chance of financial loss, or the range of outcomes for expected returns