New Year Sale Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: simple70

AFP Certified Treasury Professional CTP Question # 345 Topic 12 Discussion

AFP Certified Treasury Professional CTP Question # 345 Topic 12 Discussion

CTP Exam Topic 12 Question 345 Discussion:
Question #: 345
Topic #: 12

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:


A.

consolidate all accounts at one bank.


B.

use wire transfers for concentration.


C.

monitor each bank’s credit policies.


D.

concentrate cash on a regular basis.


Get Premium CTP Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.