Which of the following is a key component of a chapter's treasury policy?

• A. Authorization levels, banking arrangements, investment guidelines, cash controls, reporting requirements, and risk management.
• B. A data privacy policy for donors
• C. A marketing plan and donor engagement strategies
• D. Employee benefits and payroll guidelines

Answer: (C)

A treasury policy centers on how an organization manages and controls its funds. It lays out who has authority to approve financial transactions, how banking relationships are managed, the guidelines for investing idle funds, the controls around handling cash, the reporting and oversight requirements, and how risks related to money and investments are identified and mitigated. These elements together create a framework that keeps financial activities orderly, compliant, and transparent.

The option that describes authorization levels, banking arrangements, investment guidelines, cash controls, reporting requirements, and risk management fits this purpose precisely. It covers the practical governance and operational controls that keep a chapter’s funds secure and well-managed.

The other choices refer to areas outside treasury policy: data privacy for donors pertains to privacy and compliance, not how funds are secured and invested; a marketing plan and donor engagement relate to fundraising strategy; and employee benefits and payroll guidelines belong to human resources and payroll management.