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CTP · Question #748
(Topic 8) XYZ Company has decided to transition the responsibility for its hedging activities from the local offices to the head office; however, the local offices will continue to choose their own…
The correct answer is A. centralized. See the full explanation below for the reasoning.
Question
- (Topic 8)
XYZ Company has decided to transition the responsibility for its hedging activities from the local offices to the head office; however, the local offices will continue to choose their own depository banks. Under the new structure, XYZ’s treasury operations will be:
Options
- Acentralized.
- Bcombined.
- Cdecentralized.
- Dshared service center.
How the community answered
(50 responses)- A74% (37)
- B6% (3)
- C16% (8)
- D4% (2)
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