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CTP · Question #387
CTP Question #387: Real Exam Question with Answer & Explanation
The correct answer is C. Opportunistic. See the full explanation below for the reasoning.
Question
- (Topic 4) The Cash Manager of ABC Logistics, Inc. sets a daily cash position by noon. All departments have been given an 11 a.m. cut-off for presenting wire requests and 2 p.m. for ACH requests. A wire request came in at 3:30 p.m. to make an insurance premium payment, in order to receive a discount. What liquidity reserve requirement is impacted?
Options
- ARegulatory
- BTransaction
- COpportunistic
- DPrecautionary
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