Ican 2022 Strategic Financial Management Question 4

Practice mixed question 4 from the 2022 Ican Strategic Financial Management examination.

Ican 2022 Strategic Financial Management Mixed

Question 4 ICAN • 2022 • STRATEGIC FINANCIAL MANAGEMENT • mixed

Case Stimulus

The finance director of Keyman Plc. has recently reorganised the finance department following a number of years of growth within the business, which now includes a number of overseas operations. The company has created separate treasury and financial control departments.

Requirements

( a )

Describe the main responsibilities of a treasury department, and comment on the advantages to Keyman Plc. of having separate treasury and financial control departments.

( b )

Identify the advantages and disadvantages of operating the treasury department as a profit centre rather than a cost centre.

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About This Question

This is Ican 2022 Strategic Financial Management Question 4. It is one of the mixed questions from the 2022 Ican Strategic Financial Management examination.

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