AFP
CTP · Question #572
(Topic 6) A PRIMARY objective of the cash concentration function is to:
The correct answer is A. move funds to where they can be used most productively. See the full explanation below for the reasoning.
Question
- (Topic 6)
A PRIMARY objective of the cash concentration function is to:
Options
- Amove funds to where they can be used most productively.
- Beliminate service charges at outlying field banks.
- Cminimize the number of disbursement banks required.
- Dimprove the predictability of cash outflow.
How the community answered
(60 responses)- A75% (45)
- B15% (9)
- C7% (4)
- D3% (2)
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