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CTP · Question #342
CTP Question #342: Real Exam Question with Answer & Explanation
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Question
- (Topic 4) A company has multiple wholly-owned subsidiaries that issue their own checks which are signed by head office staff. The company decides to move to electronic payments using their bank's internet-based payment systems to reduce costs. Payments are now initiated by the subsidiaries.What element of the payment policy should be considered if the company still wants to maintain head office control over payments?
Options
- ARisk mitigation
- BObjectives and scope
- CRoles and responsibilities
- DPerformance measurement and reporting
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