Understanding the Roles of Ruben, Gerald, and Norma in a Company
The Jobs of Ruben, Gerald, and Norma
Ruben, Gerald, and Norma all work for the same company. Gerald and Norma both evaluate the company’s financial picture, but Gerald looks at liabilities and Norma looks at expenditures. Both Gerald and Norma make reports for Ruben, who makes the decisions for the company.
Question:
Which best describes the jobs of the three employees?
A) Ruben is the Risk Management Specialist, Gerald is the Budget Analyst, and Norma is the Treasurer.
B) Ruben is the Treasurer, Gerald is the Risk Management Specialist, and Norma is the Budget Analyst.
C) Ruben is the Treasurer and Gerald and Norma are the Risk Management Specialists.
D) Ruben is the Treasurer and Gerald and Norma are the Budget Analysts.
Answer:
Answer: B) Ruben is the Treasurer, Gerald is the Risk Management Specialist, and Norma is the Budget Analyst.
Explanation: Risk management is the study of potential risks (liabilities) and working to make sure risks are avoided or consequences are minimized. Gerald looks at liabilities and is the Risk Management Specialist. Norma looks at expenditures- she analyzes the budget to see where the company is spending money and how much they are spending so she is the Budget Analyst. Ruben is the treasurer. A treasurer is the person appointed to oversee financial assets and liabilities, and make decisions. Ruben looks over the reports from both Gerald and Norma in order to understand the full picture of the company's finances, and then uses this info to make decisions.
Explanation: The treasurer is the one that is in charge of making the financial decisions for the company or the institution, the risk management specialist is the one that is in charge of analyzing the liabilities of the company and seeing risks and different ways in which the company is in danger, and Norma is the budget analyst who is in charge of looking at expenditures and profits in order to maximize the profit.