AFP
CTP · Question #360
(Topic 4) The Treasurer of PJB Company is in charge of implementing new treasury management software. Without issuing any RFPs, the Treasurer hires a consulting company to install the software and…
The correct answer is A. The corporate code of conduct. See the full explanation below for the reasoning.
Question
- (Topic 4)
The Treasurer of PJB Company is in charge of implementing new treasury management software. Without issuing any RFPs, the Treasurer hires a consulting company to install the software and program it to suit the company’s needs. The Treasurer is responsible for approving the consultant’s invoices for payment. Through conversation, the CFO discovered that the Treasurer’s relative is one of the partners at the consulting company. The Treasurer was immediately terminated. What did the Treasurer MOST LIKELY violate?
Options
- AThe corporate code of conduct
- BSarbanes-Oxley controls
- CThe Uniform Commercial Code
- DTreasury operations procedures
How the community answered
(15 responses)- A73% (11)
- B7% (1)
- C7% (1)
- D13% (2)
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