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AFP CTP Question # 291 Topic 30 Discussion

CTP Exam Topic 30 Question 291 Discussion:
Question #: 291
Topic #: 30

Multi-divisional or multi-subsidiary companies have opportunities to optimize their working capital position and overall liquidity by doing which of the following?


A.

Consolidating the cash resources of all divisions and subsidiaries in order to pay down corporate debt


B.

Allocating corporate debt to each division or subsidiary according to its cash needs


C.

Negotiating with suppliers to extend their payment terms for key divisions or subsidiaries


D.

Establishing strict credit standards that are uniform for all divisions or subsidiaries


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