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AFP CTP Question # 166 Topic 17 Discussion

CTP Exam Topic 17 Question 166 Discussion:
Question #: 166
Topic #: 17

A diversified industrial company operates multiple remote manufacturing facilities that manage local supplier relationships. The company draws on a single line of credit for all of its working capital needs. Which of the following types of disbursement systems would BEST meet this company's needs?


A.

Centralized check issuance drawn on a central disbursement bank


B.

Decentralized check issuance drawn on a local disbursement bank


C.

Decentralized check issuance drawn on a central disbursement bank


D.

Centralized check issuance drawn on a local disbursement bank


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