Post Utme Elizade University 2021 Commerce Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2021 Commerce Objective / Multiple Choice
Question 24 POST_UTME_ELIZADE_UNIVERSITY • 2021 • COMMERCE • objective

A bank's cash management system uses the float method to manage its cash reserves. Which of the following is a risk associated with this method?

Answer Options

A. Inadequate cash reserves
B. Overdraft fees
Correct Answer C. Insufficient liquidity
D. Increased interest rates
Correct Answer
C
Correct Option:
Insufficient liquidity

About This Question

This is Post Utme Elizade University 2021 Commerce Question 24. It is one of the objective questions from the 2021 Post Utme Elizade University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support