Question

what is the main work of finance committee in the tournament​

Answer 1

Answer:

Finance committee: It is responsible for all financial receipts and expenditure, etc. They should work as per budget plan. This committee makes all the payments. They must work as per the directions given by organizing committee.

Answer 2

Concept introduction:

A financial committee is developed with the association of the major investors, stakeholders, financial managers, accountant, and audit manager. A financial committee is responsible for the the overall auditing and accounting cash flow in a process.

Explanation:

We have been given a question that is associated with the role of finance committee in a tournament.

We need to find the major work of the finance committee in a tournament.

Final answer:

In case of a tournament, finance committee is responsible for the development of the budget for the tournament along with accounting possible ways to increase the cash floe. Moreover, the finance committee is also responsible for accounting the daily expenses, cash flow expenditure insight.

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