Post Utme Bowen University 2023 Commerce Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice

Question 38 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A bank's cash management system involves the use of a cash pooling arrangement. What is the primary purpose of this arrangement?

Answer Options

A. To reduce the risk of cash theft

Correct Answer B. To increase the bank's liquidity

C. To improve the bank's cash forecasting

D. To reduce the bank's operating costs

Correct Answer

Correct Option:

To increase the bank's liquidity

About This Question

This is Post Utme Bowen University 2023 Commerce Question 38. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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