Treasury OT Flashcards
1
Q
What do large companies have?
A
A treasury
2
Q
Function of treasury?
A
Manage long-term cash
Manage risk
3
Q
Get better return on cash?
A
If we get someone at head office putting all balances into one account to get high interest
4
Q
What is meant by managing risk?
A
Foreign exchange risk
5
Q
Money market instruments?
A
Put in deposit account
Use in money market instruments
