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1)When developing formal policies and procedures for treasury operational activities, an organization determines the primary objective relating to each treasury function (e.g., investment management, foreign
1)When developing formal policies and procedures for treasury operational activities, an organization determines the primary objective relating to each treasury function (e.g., investment management, foreign exchange [FX] risk management, etc.) and then communicates this information
a.throughout the treasury department only.
b.throughout the entire organization.
c.to each individual treasury function only.
d.throughout the treasury department and related finance departments only.
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