U.S. dollar-denominated instruments issued by foreign banks through their domestic branches are known as:

• A.Eurodollar CDs.
• B.Yankee CDs.
• C.banker's acceptances.
• D.Eurocommercial paper.

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Which of the following is a typical overnight use of excess cash?

• A.Entering into a repurchase agreement
• B.Purchasing a Treasury bill
• C.Purchasing a certificate of deposit
• D.Investing in Dutch auction preferred stock

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A put option gives the holder the right to:

• A.buy the underlying stock at the strike price.
• B.sell the underlying stock at the strike price.
• C.sell short shares of the underlying stock at the strike price.
• D.buy long shares of the underlying stock at the strike price.

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The CFO asks the Treasurer to create a new collections and concentration policy for their company.
Following implementation of the policy, the company finds that reporting of receivables values is taking 10% longer, with no improvement in the company's cash flow or liquidity. What step in developing the policy could have been executed better?

• A.Drafting the policy
• B.Approval of the policy
• C.Procedure implementation
• D.Identify issues and conduct analysis

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From a buyer's perspective, which of the following types of float would be eliminated if checks were replaced by electronic payment methods?

• A.Invoicing
• B.Collection
• C.Disbursement
• D.Lockbox

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