Bellevue University

MBA 620

Quiz 10

1)When drafting a policy, the development team should use which of the following guidelines in creating the policy EXCEPT:

2. One of the key aspects of developing policies and procedures is to build in the desired controls for each function.
3. Final approval for policies with a significant impact on the organization (e.g., investment policy) should be generally given by the:
4. The CFO asks the treasurer to create a new collections and concentration policy for their company. Following implementation of the policy, the company finds that reporting of receivables values is taking 10% longer, with no improvement in the company’s cash flow or liquidity. What step in developing the policy could have been executed to reduce this risk?
5. An investment policy need NOT address the roles of responsibilities of internal or external parties that only have a peripheral or infrequent involvement with the investment process.
6. All of the following are generally recognized as benefits of EC (electronic commerce) and EDI (electronic data interchange) EXCEPT:
7. Which of the following EDI standards is most appropriate for international EDI?
8. The three most common types of risks to a Treasury Management Information System include all of the following EXCEPT:
9. All of the following are typical security safeguards to a Treasury Management System (TMS) EXCEPT