FIN3704 Assignment 1 (100% COMPLETE ANSWERS) Semester 1 2025 (656601) - DUE 10 April 2025

Applied Financial Management - FIN3704 Assignment 1 Semester 1 2025 (656601) - DUE 10 April 2025 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 1. The most popular method of handling cash surplus is through the use of money market funds. Select one: True False 2. The advantage of a forward contracts is that it is easy for the parties involved to get out of the contract once it has been established. Select one: True False 3. Risk avoidance can be exercised by doing business with countries where there is only political uncertainty. Select one: True False 4. Duality is a treasury control principle that requires several people to be involved in the processing of a single transaction so that no personnel is in a position to commit and conceal fraud or errors. Select one: True False 5. Money market securities are issued and traded on a discount basis and redeemed at par on the maturity/value date. Select one: True False 6. Risk identification is a one-time process, and once risks are identified, the company can keep the risk register as it is. Select one: True False 7. The cash forecast statement does not include depreciation and credit sales. Select one: True False 8. Which of the following tasks falls within the responsibilities of the board of directors? a. The board should act as the focal point and custodian of corporate governance. b. The board of directors should appoint the chief executive officers and the shareholders. c. It is the board of directors that, through a board resolution, designates who can do what. d. The board should be responsible for the governance of risk, guiding corporate affairs and approving major expenditures. a. a, b b. a,c c. a,b,c d. a,c,d 9. A potential loss which can arise if assets, liabilities and earnings of holding companies that have subsidiaries in foreign countries fluctuate with a change in the foreign exchange rate is classified as … risk. a. economic b. operational c. transactional d. translation 10. Which of the following statements is correct about the purpose of pooling cash to a single concentration account? a) to reduce dependency on short-term financing from financial institutions b) to improve cash and liquidity management from the holding company’s point of view c) to use concentrated cash for large short-term investments d) to use concentrated cash for faster cash disbursements a. a, b & d b. a, c & b c. a, b, c & d d. a & b