Post Utme Al Hikmah University 2018 Commerce Question 8

Practice objective / multiple choice question 8 from the 2018 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2018 Commerce Objective / Multiple Choice
Question 8 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • COMMERCE • objective

A bank's cash management system involves the use of a cash forecasting model to predict future cash inflows and outflows. The model uses a combination of historical data and econometric techniques to generate forecasts. What is the primary advantage of using a cash forecasting model in a bank's cash management system?

Answer Options

Correct Answer A. Improved cash flow forecasting
B. Enhanced risk management
C. Increased efficiency in cash management
D. Better decision-making
Correct Answer
A
Correct Option:
Improved cash flow forecasting

About This Question

This is Post Utme Al Hikmah University 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Commerce examination.

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