Corporate treasury departments have traditionally been

Question

Quizplus · Accepted Answer

Corporate treasury departments are generally considered to be service or cost centers, whose primary function is to manage the company's finances and ensure adequate liquidity and cash flow. They are responsible for managing the company's cash, investments, and debts, as well as mitigating financial risks and complying with regulatory requirements. While they may generate some income through interest income, foreign exchange gains, or other financial transactions, their primary goal is to support the company's operations rather than generate profits. Therefore, the best choice is C.

Corporate Treasury Departments Have Traditionally Been