Accounting Multiple Choice Question – 11 January 2025

Lucy is employed in the finance function of Alex plc as a cash accountant.

Her duties involve ensuring that the company always has sufficient funds available to meet both its short-term and long-term financial
Requirements and obligations.

It is clear, therefore, that Lucy is employed by Alex plc in its?

Select ONE answer:

1. Financial reporting section
2. Management accounting section
3. Treasury management section
4. Transaction processing section

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct == > Treasury management is concerned with managing the funds of a business, namely cash and other working capital items plus long-term investments, short-term and long-term debt and equity finance.
4. Not correct

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