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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.One would expect the treasury department to be responsible for managing risk whether they were a cost centre or a profit centre.
So only the investment portfolio part was correct? And sir if not than can U suggest what will be the appropriate answer?
If this is from a past exam question then say which one, because it depends on the whole scenario.
If this is from a past exam question then say which one, because it depends on the whole scenario.
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