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CTP · Question #304
CTP Question #304: Real Exam Question with Answer & Explanation
The correct answer is A. Centralized Cost Center. See the full explanation below for the reasoning.
Question
- (Topic 4) A newly hired Treasurer must establish the organizational structure of the treasury department for ABC Corporation which is a publicly traded multinational organization with sales offices in over 50 countries. There are limited opportunities for trading and hedging activity. The first challenge is to identify the most appropriate structure for the treasury group that will provide control, visibility, economies of scale, and lower operating expenses. What structure should be chosen?
Options
- ACentralized Cost Center
- BOutsourced Cost Center
- CRegionalized Profit Center
- DDecentralized Profit Center
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