An increase in the availability float on a company's collections would cause a reduction in which of the following?
I. Earnings credit
II. Ledger balance
III. Service charges
IV.
Collected balance

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

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Company A regularly modifies its capital structure by repurchasing stock. Which one of the following is a true statement?

• A.Stock repurchases do not offer tax deferral advantages over dividends.
• B.Partial disclosure to the SEC is required for repurchases.
• C.Stock repurchases are not an attractive alternative to dividend payments.
• D.Investors may feel that management is manipulating the stock price.

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Company A regularly modifies its capital structure by repurchasing stock. Which one of the following is a true statement?

• A.Stock repurchases do not offer tax deferral advantages over dividends.
• B.Partial disclosure to the SEC is required for repurchases.
• C.Stock repurchases are not an attractive alternative to dividend payments.
• D.Investors may feel that management is manipulating the stock price.

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Two critical factors in determining an operational risk management strategy for a company are:

• A.organizational culture and technology.
• B.technology and data security.
• C.industry standards and competition.
• D.physical security and the number of manual processes.

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The yield on any short-term investment instrument is a function of the maturity or holding period, the amount paid and:

• A.the after-tax yield.
• B.the cash flows received.
• C.the issuing price.
• D.the money market yield.

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