A treasury or cash management function is responsible for determining that _______.
A)unpaid payables are processed for payment on their due dates
B)paid payables are processed for payment on their due dates
C)unpaid receivables are processed for payment on their due dates
D)unpaid dividends are processed for payment on their due dates

Question

Quizplus · Accepted Answer

The treasury or cash management function is responsible for managing the company's cash flow, which includes ensuring that all unpaid payables are processed for payment on their due dates. This helps to ensure that the company maintains good relationships with its suppliers and avoids any late payment penalties. Processing paid payables, unpaid receivables, or unpaid dividends, is typically handled by other accounting or finance functions.

A Treasury or Cash Management Function Is Responsible for Determining