A company has grown quickly in the euro zone market. It wants to maximize its excess cash. Which would be the BEST method of concentrating funds?

• A.Notional Pooling
• B.Scheduled Transfer
• C.Bank Overlay
• D.Physical Pooling

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A company has a line of credit and a bond trustee agreement with a bank. To prevent a decline in the company's bond rating from having a negative impact on the company's line of credit, the bank should have which of the following in place?

• A.Code of conduct
• B.Risk profile
• C.Confidentiality agreement
• D.Notional barrier

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The Treasurer of a publicly-traded U.S. company discovers several large payments which were made from the company's disbursement account without proper approval. These unauthorized payments represent an exposure to penalties imposed by which regulator?

• A.The Office of Foreign Assets Control
• B.The Office of the Comptroller of the Currency
• C.The Financial Industry Regulatory Authority
• D.The Public Company Accounting Oversight Board

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The purpose of cash letters is to:

• A.request payment under standby letters of credit.
• B.collect merchant charge-card sales.
• C.facilitate the clearing of paper checks.
• D.arrange currency deliveries from the Fed.

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Under a loan agreement, which of the following could be an event of default?
I) Nonpayment of interest when due
II) A material adverse change in the condition of the borrower
III) A debt-to-equity ratio above the limit specified
IV) Shortening the cure period by half

• A.II and III only
• B.I, II, and III only
• C.I and II only
• D.I and IV only

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