Who is responsible for presenting financial statements to the chapter?

• A. President
• B. Vice President
• C. Treasurer
• D. Secretary

Answer: (C)

The main idea is who handles the chapter’s finances and presents the financial reports. The Treasurer is the chapter’s financial officer, responsible for keeping accurate records, managing the funds, and preparing the financial statements. Because these statements show income, expenses, and the overall financial position, they’re presented to the chapter by the person who maintains the money and knows the numbers inside out. This presentation promotes transparency and accountability to members. The President runs the meeting and provides leadership, the Vice President assists and steps in as needed, and the Secretary keeps minutes and official records, but the duty of presenting the financial statements lies with the Treasurer.