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28 December, 13:30

Critical thinking question.

1. As the president of a fan club, what question might you ask the treasurer to find out about the state of the club's finances?

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  1. 28 December, 14:38
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    As it is the president's job to know about about aspects of the club, one might ask the treasurer to see the "books". In other words, you are asking the treasurer to provide all the financial records showing what money they have or do not have. The president could also ask the treasurer, "Where are we financially: in the black (positive cash flow) or in the red (negative cash flow - having no money) ".
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