AFP
CTP · Question #358
(Topic 4) What should a company's senior management consider in their payment policies to eliminate the co-mingling of funds for payables, receivables and foreign exchange transactions?
The correct answer is B. Bank account structuring. See the full explanation below for the reasoning.
Question
- (Topic 4)
What should a company’s senior management consider in their payment policies to eliminate the co-mingling of funds for payables, receivables and foreign exchange transactions?
Options
- ARequired control points
- BBank account structuring
- CPayment laws and regulations
- DParticipants in the payment process
How the community answered
(60 responses)- A5% (3)
- B80% (48)
- C3% (2)
- D12% (7)
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