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- This topic has 7 replies, 2 voices, and was last updated 5 years ago by
John Moffat.
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- December 14, 2019 at 3:01 pm #555906
Sir if the question says that;
What changes should the Co. make if its treasury Dept moves from cost centre to profit centre(Which means that now Co will be accountable for revenue also)?Will this answer be correct that:
The Co. should improve its treasury Dept, hire fund mangers so that the portfolio of the investment made could benefit the Co, should now manage the risk by using hedging instruments etc.December 14, 2019 at 3:38 pm #555912One would expect the treasury department to be responsible for managing risk whether they were a cost centre or a profit centre.
December 14, 2019 at 5:13 pm #555915So only the investment portfolio part was correct? And sir if not than can U suggest what will be the appropriate answer?
December 15, 2019 at 10:52 am #555941If this is from a past exam question then say which one, because it depends on the whole scenario.
December 15, 2019 at 10:52 am #555942If this is from a past exam question then say which one, because it depends on the whole scenario.
December 15, 2019 at 11:55 am #555951No this is from the Dec 2019 exam
December 15, 2019 at 11:56 am #555952It was a general question
December 15, 2019 at 3:33 pm #555956I am not going to try and give answers to the December exam when I have not even see the exam.
It is too late now anyway 🙂 - AuthorPosts
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