The treasury function of most firms, the group typically responsible for transaction exposure management, is NOT usually considered a profit center.

Question

Quizplus · Accepted Answer

The treasury function is responsible for managing financial risks and ensuring the availability of cash and credit. While it may contribute to the overall financial health of the company, it is not typically considered a profit center. Its primary goal is to mitigate risks, not generate profits.

The Treasury Function of Most Firms, the Group Typically Responsible