Which of the following represents a reasonably sensible but aggressive financing policy?

Which of the following would not normally be the responsibility of the corporate treasurer?
Managing temporary surplus cash Production costing and product pricing Foreign exchange risk management Risk management and investment

Which one of the following would not be a significant issue to consider when deciding whether to borrow 'long or short'?
The uncertainty of getting future finance The yield curve The maturity structure of current debt The availability of fixed asset collateral

Which of the following classes of risk cannot generally be avoided, hedged and/or mitigated?
Financial risk Interest rate risk Currency risk Business risk

Which one of the following describes the cash conversion cycle?

The stock conversion period plus debtor conversion period minus credit granted by suppliers The raw material stock period plus stock conversion period minus credit period granted by suppliers The debtor conversion period minus the credit period granted by suppliers

The credit period granted by suppliers plus raw material stock period plus workin-progress period plus finished goods inventory period

Which diagram is correct?

Which of the following best describes overtrading?

When a business is short of fixed assets to sustain its level of trading

When a business expands at a rate faster than is sensible, given its stock of managerial talent When a firm chooses to switch production to an overseas base

When a business has insufficient finance for investment in working capital to sustain its level of trading

Which of the following is not an economic motive for holding cash?

Transaction motive Speculative motive Precautionary motive Saving motive

Using Baumol's cash model, the optimum amount to transfer regularly into cash for a firm which receives 6 per cent interest on invested cash, is charged 50 every time money is withdrawn and has an annual need for cash of 150,000, is:
3,873 11,180 180 15,811

Which of the following tasks is a Treasurer most unlikely to carry out?

Advise on sources of finance and export finance Supply product costing information Deal with banking relationships and arrangements Manage the company's currency and cash flows

Which of the following is false?

Finished goods = inventory period Credit period =

Average value of finished goods sold per day Average cost of goods sold per day Average level of debtors Purchases from debtors per day Average value of work-in-progress Average cost of goods sold per day Average value of raw materials stock Average purchase of raw materials per day

Work-in-progress = period Raw materials stock period =