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CTP · Question #96

(Topic 1) ABC Company is a national retail company and uses XYZ Bank for its collections and payroll services. XYZ has recently experienced financial problems; what is the greatest risk to ABC…

The correct answer is D. Loss of assets. See the full explanation below for the reasoning.

Question

  • (Topic 1)

ABC Company is a national retail company and uses XYZ Bank for its collections and payroll services. XYZ has recently experienced financial problems; what is the greatest risk to ABC Company?

Options

  • ADamage to their working relationship
  • BDeterioration of service quality
  • CIncrease in service fees
  • DLoss of assets

How the community answered

(43 responses)
  • A
    5% (2)
  • B
    12% (5)
  • C
    2% (1)
  • D
    81% (35)

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