(Topic 6) Which of the following statements is true about threshold concentration?

Question

Options

• AWire transfers are initiated on the basis of deposit information.
• BDaily transfers are often needed to maintain balances at the desired level.
• CBalances are set and funds above that level are transferred to the concentration bank.
• DBalances are transferred to the concentration bank after reaching a predetermined level.

• A
  4% (2)
• B
  11% (6)
• C
  9% (5)
• D
  75% (40)

No community discussion yet for this question.