Question：MH Inc is a multinational company operating in a number of different sectors.
Which of the following is an argument in favour of MH centralising its treasury function?
A. Diversification of sources of finance
B. Speed of response to changing cash positions in the different operating areas
C. Better short-term investment opportunities
D. Total elimination of foreign currency risk
The correct answer is: Better short-term investment opportunities.
解析：Short-term investment opportunities will be improved because there will be larger volumes of cash available for investment.
The speed of response to local situations is likely to be slower with a centralised treasury function as it will take time for information to be received and collated by the central department.
Foreign currency risk will still exist, but centralised treasury will be able to undertake more sophisticated hedging techniques to minimise risk of losses on exchange.
If finance was raised locally, MH would have access to a wider variety of sources of funds than if financing was arranged centrally.
高顿网校温馨提醒
各位考生，2016年ACCA备考已经开始，为了方便各位学员能更加系统地掌握考试大纲的重点知识，帮助大家充分备考，体验实战，高顿网校开通了全免费的
ACCA题库（包括精题真题和全真模考系统），题库里附有详细的答案解析，学员可以通过多种题型加强练习。
戳这里进入ACCA免费题库>>>
写评论
