In your small business you have a finance department with a CFO, controller, and treasurer. For the following scenarios, explain which of these three
financial executives would be the most likely to work on the issue based on the descriptions of the roles of the CFO, controller, and treasurer from Brealey,
et al. (2009) from the required reading.
A. You suspect that a lower-level employee has embezzled around $50,000 over the last three years and you want to try to find out who based on past
financial records. Who would be most likely person to look into this issue – the CFO, the treasurer, or the controller? Why?
Sample Solution
