Post Utme Bells University 2020 Commerce Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Bells University Commerce examination.

Post Utme Bells University 2020 Commerce Objective / Multiple Choice
Question 27 POST_UTME_BELLS_UNIVERSITY • 2020 • COMMERCE • objective

A bank's cash management system involves the use of a cash management software to track and manage its cash flows. Which of the following is a benefit of using such a system?

Answer Options

A. It reduces the risk of cash shortages
B. It increases the bank's cash reserves
C. It improves the bank's liquidity management
Correct Answer D. It reduces the bank's operating costs
Correct Answer
D
Correct Option:
It reduces the bank's operating costs

About This Question

This is Post Utme Bells University 2020 Commerce Question 27. It is one of the objective questions from the 2020 Post Utme Bells University Commerce examination.

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