ACCA BT · Chapter 5 · Question 3 of 10
Which of the following activities is most likely to be carried out by an organisation's treasury function?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Managing foreign currency exposure and short-term cash surpluses
Explanation
Treasury management covers liquidity, cash investment, borrowing, and managing currency and interest rate risk. Standard costing is a management accounting task, while maintaining the sales ledger and posting depreciation are financial accounting tasks.
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