TREASURER Definition

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TREASURER is the officer appointed to administer or manage the financial assets and liabilities of a society, company, local authority, or other body.

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CONTROL ENVIRONMENT is the attitude, awareness, and actions of the board, management, owners, and others about the importance of control. This includes integrity and ethical rules, commitment to competence, board or audit committee participation, organizational structure, assignment of authority and responsibility, and human resource policies and practices.

T/T is a payment or financial transaction designation meaning "Telegraphic Transfer" of funds.

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