CTP · Question #424
(Topic 5) A U.S. government agency issues securities transfers using Fedwire Book-Entry Securities System. The first transfer request of the day in the amount of $1 million is sent at 1:00 p.m. EST…
The correct answer is B. II and III only. 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…
Question
- (Topic 5)
A U.S. government agency issues securities transfers using Fedwire Book-Entry Securities System. The first transfer request of the day in the amount of $1 million is sent at 1:00 p.m. EST, the second one for $2 million at 3:30 p.m. EST, the third one for $3 million at 4:30 p.m. EST and the fourth one for $4 million at 5:00 p.m. EST, all on the same day. Which of the following represents the total value transferred at 5:00 p.m. EST that day?
Options
- AI and III only
- BII and III only
- CI, II, and III only
- DI, II, and IV only
- ILiquidating
How the community answered
(50 responses)- A12% (6)
- B76% (38)
- C2% (1)
- D6% (3)
- I4% (2)
Explanation
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? II. Re-engineering III. Benchmarking
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