The part of a company that is responsible for balance sheet funding,managing cash flows and financial risk management is the:
A) accounting and reporting division.
B) management and audit division.
C) treasury division.
D) tax management division.

Question

Quizplus · Accepted Answer

The treasury division is responsible for managing a company's financial resources and ensuring there is enough funding for balance sheet requirements. They also manage cash flows and financial risk, such as foreign currency risk or interest rate fluctuations. The other divisions listed (accounting and reporting division, management and audit division, tax management division) have different responsibilities that do not directly relate to balance sheet funding and financial risk management.

The Part of a Company That Is Responsible for Balance