Which of the following statements is true about a forward foreign exchange contract?
In analyzing the costs for services among several banks, a cash manager should compare all of the following EXCEPT the:
Which statement is true about private placements compared to public offerings?
Which of the following would MOST LIKELY cause a decrease in a company's deposited checks availability?
Company XYZ sends an ACH debit file valued at $300,000 with an average item value of $1,000. The file settlement date is March 10. The file contains no duplicate items and items are split equally between corporate and consumer items. One percent of consumer items and 2% of corporate items were returned. What would be the final net settlement value for Company XYZ?
A national retailer’s cash management system includes a field deposit system using multiple banks. To limit the impact of a failure of one of these banks, a cash manager should:
Examples of traditional factors used in making a credit decision include which of the following?
I. Capacity
II. Capital
III. Compliance
IV. Character
What document serves as the basic account or service authorization, empowering a representative of a business to enter into agreements for financial services?
A retail lockbox system is characterized by which of the following?
I. An emphasis on processing cost
II. Detailed information on discounts taken
III. Small-dollar amounts per invoice
IV. Multiple invoices per payment
TESTED 22 Feb 2025
