A diversified industrial company operates multiple remote manufacturing facilities that manage local supplier relationships.

Vendor: AFP
Product: CTP
Update on: Oct 21, 2025
Questions: 1076

AFP CTP Question Answer

A diversified industrial company operates multiple remote manufacturing facilities that manage local supplier relationships. The company draws on a single line of credit for all of its working capital needs. Which of the following types of disbursement systems would BEST meet this company's needs?

Centralized check issuance drawn on a central disbursement bank

Decentralized check issuance drawn on a local disbursement bank

Decentralized check issuance drawn on a central disbursement bank

Centralized check issuance drawn on a local disbursement bank