, FIN3703 Assignment 2 (COMPLETE ANSWERS) Semester 1
2025 (705634) - DUE 29 April 2025; 100% correct solutions and
explanations.
QUESTION 1
The most popular method of handling a cash surplus is through
the use of capital market financial instruments.
A. True
B. False
✅ Correct answer: B. False
QUESTION 2
Segregation of duties refers to a process in which the treasurer
establishes treasury policies, monitors their implementation and
compliance, and constantly measures actual performance.
A. True
B. False
✅ Correct answer: B. False
QUESTION 3
Which of the following statements are correct?
a. The price maker is prepared to buy TBs at 8.40%.
b. The price maker is prepared to buy TBs at 8.71%.
c. The above offer would translate into a price of R99 164.80.
d. The above bid would translate into a price of R99 164.80.
Options:
A. a and b
B. b and c
C. c and d
2025 (705634) - DUE 29 April 2025; 100% correct solutions and
explanations.
QUESTION 1
The most popular method of handling a cash surplus is through
the use of capital market financial instruments.
A. True
B. False
✅ Correct answer: B. False
QUESTION 2
Segregation of duties refers to a process in which the treasurer
establishes treasury policies, monitors their implementation and
compliance, and constantly measures actual performance.
A. True
B. False
✅ Correct answer: B. False
QUESTION 3
Which of the following statements are correct?
a. The price maker is prepared to buy TBs at 8.40%.
b. The price maker is prepared to buy TBs at 8.71%.
c. The above offer would translate into a price of R99 164.80.
d. The above bid would translate into a price of R99 164.80.
Options:
A. a and b
B. b and c
C. c and d
