Question
Asked Oct 7, 2019
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  • A multinational company that specializes in global finance, trade and risk management has numerous regional or national sales offices with limited personnel. Which of the following would be the BEST choice for how to organize its treasury operations if the company has a priority of lowering operating costs?

 

  1. Profit center; centralized control
  2. Profit center; decentralized control
  3. Cost center; centralized control
  4. Cost center; decentralized control
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Expert Answer

Step 1

In order to reduce cost, the firm should have:

  • Centralized oper...

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