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CTP · Question #449
(Topic 5) A diversified industrial company operates multiple remote manufacturing facilities that manage local supplier relationships. The company draws on a single line of credit for all of its…
The correct answer is C. Decentralized check issuance drawn on a central disbursement bank. See the full explanation below for the reasoning.
Question
- (Topic 5)
A diversified industrial company operates multiple remote manufacturing facilities that manage local supplier relationships. The company draws on a single line of credit for all of its working capital needs. Which of the following types of disbursement systems would BEST meet this company's needs?
Options
- ACentralized check issuance drawn on a central disbursement bank
- BDecentralized check issuance drawn on a local disbursement bank
- CDecentralized check issuance drawn on a central disbursement bank
- DCentralized check issuance drawn on a local disbursement bank
How the community answered
(55 responses)- A9% (5)
- B7% (4)
- C80% (44)
- D4% (2)
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