Trade terms are renegotiated under e-commerce in order to:
Assuming a marginal tax rate of 36%, the taxable equivalent yield for an investment with a tax-exempt yield of 3% would bE.
Examples of fixed assets include which of the following?
I. Inventory
II. Treasury bills
III. Forklift
IV. Goodwill
All of the following are reasons to use a confirmed irrevocable letter of credit EXCEPT concern about:
Which of the following can be exercised only on the expiration date?
Which of the following correctly describes pooling as practiced in the European cash management environment?
Upon entering into an interest rate swap with a notional principal of $10,000,000, what is the initial amount of money the counterparties must exchange at the beginning of the swap?
If a company uses accrual accounting, deferred taxes are reported on which financial statement?
Which of the following is a typical overnight use of excess cash?
The Treasury Department of ABC Corporation has been working hard to prevent external fraud from impacting its operating bank accounts. Recently, they implemented protective services on their disbursement accounts. This morning, the treasury analyst realized that an expected sales tax payment to the state of Maryland had not occurred. The analyst knew that it had been successfully initiated yesterday. Which service used by the corporation may need to be adjusted to pay the state of Maryland?
Which of the following MOST often contributes to the misinterpretation of DSO?
The treasury analyst for XYZ Corporation, a small retailer, is trying to forecast daily cash receipts being swept from the store depository accounts. The analyst has been given the data in the table regarding receipts from the last few days. The analyst chooses to use a seven-day simple moving average forecast methodology.
What is the amount that XYZ Corp. would expect to receive on Day 10 (rounded to the nearest whole $)?
A company may choose to use a derivative to reduce risk on which of the following types of exposure?
I. Currency
II. Interest rate
III. Commodity price
Which of the following factors will allow a company to decrease the amount of collected balances required to compensate its bank for services?
The PRIMARY objective of a corporation is to:
A large multinational company recently implemented new processes to automate its treasury operations. If these changes were the direct result of comparing the company's practices with those of other companies, the activities could be considered an example of which of the following?
I. Liquidating
II. Re-engineering
III. Benchmarking
IV. Forecasting
Financial risk management requires monitoring changes in which of the following?
I. Interest rates
II. Foreign exchange rates
III. Commodity prices
IV. Cost of insurance
An option can be exercised in the market at its:
Which of the following will directly increase a company's cost in a fee-only bank relationship?
Company XYZ uses exponential smoothing to forecast its daily lockbox receipts. With the help of a statistical computer program, the company has determined that the smoothing constant is 0.35.
Using the data in the table, what is the exponential smoothing forecast for Day 7 (rounded to the nearest whole $)?
