TM - Chapter 1 Quiz

"In order to be defined as independent, a corporate director: "

cannot have a material relationship with the company.

The MOST common way that companies structure their treasury operations is as a(n):

cost center

"EML Inc., which has $600 million in outstanding debt, is preparing to issue commercial paper in excess of $100 million within the next six months. The new assistant treasurer has recently spent time getting to know the issuing and paying agent, the rating agency analyst, and the legal counsel, and has been following the financial markets. What is this is an example of? "

external collaboration

A main characteristic of a company with regional offices using a centralized treasury function is:

higher level of control

Checks and balances with regards to Treasury activities are important because

treasury deals with all cash of company