Which of the following would be the least desirable criteria against which to judge current operations of a company's treasury function?
Which of the following would be the least desirable criteria against which to judge current operations of a company's treasury function?
The least desirable criteria to judge current operations of a company's treasury function would be finance textbook illustrations of generally accepted good treasury function practices. Textbook illustrations, while providing valuable theoretical knowledge, may not be specifically tailored to the unique and current circumstances of the company and may not reflect the latest industry developments or specific organizational needs. It is more effective to use company-specific policies, procedures, and recognized best practices within the industry.
Is it A because it is "partisan"?
These are current operations. Information should be more current than those of the last audit report.
I feel like C makes more sense.
Is C the correct answer?