REC 475 Lecture Notes - Lecture 10: Departmentalization
Document Summary
Functions: financial functions have two main areas: Acquiring financial resources and needs: big companies have different people in controlling than they do in acquiring, position types (people you will have to work with): Will not have to deal with these top three until you climb up the food ladder. Assessor assesses property value for tax purposes. No one is ever happy about this decision: people who want to sell want it to be a lot of money, people who don"t want to sell want it to be less money. Purchasing agent responsible for all purchases the organization makes. Works with vendors, bulk buying, enforces rules (bid process), etc: always keep your receipts. These are the people we will have to work. Be super nice to these people because if you screw up then they will help you out. Auditor evaluates all things finance and then reports to ceo, board/council, or an outside contractor.