Post Utme Bsu 2019 Commerce Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Bsu Commerce examination.

Post Utme Bsu 2019 Commerce Objective / Multiple Choice
Question 28 POST_UTME_BSU • 2019 • COMMERCE • objective

A bank's cash management system involves the following components: cash forecasting, cash budgeting, and cash flow management. Which of the following is a correct example of cash forecasting?

Answer Options

A. Estimating the amount of cash needed to meet a specific financial obligation
Correct Answer B. Predicting the future cash inflows and outflows of a business
C. Analyzing the past cash flows to identify trends and patterns
D. Determining the optimal cash balance to maintain liquidity
Correct Answer
B
Correct Option:
Predicting the future cash inflows and outflows of a business

About This Question

This is Post Utme Bsu 2019 Commerce Question 28. It is one of the objective questions from the 2019 Post Utme Bsu Commerce examination.

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