Which of the following is a common approach to negotiating EDI payment terms versus paper payment terms?

• A.Offering lower discounts for electronic payments than for paper payments
• B.Making the electronic payments due earlier than paper payments
• C.Having the same due date for electronic and paper payments
• D.Offering payment terms that are float-neutral for both payment formats

Comment: *

Name: *

Email: *

Verification: *

A customer buys a laptop for $850 and a CD for $13. Only items with sale price of $15 and greater are subject to value added tax (VAT). Assuming VAT of 8.5%, how much tax does the customer incur at the point of sale?

• A.$722.25
• B.$922.25
• C.$72.25
• D.$73.36

Comment: *

Name: *

Email: *

Verification: *

Which statement is true about credit unions?

• A.Their deposits are insured by the FDI
• B.They offer lending rates similar to other financial institutions.
• C.They can only be chartered by state agencies.
• D.They are not-for-profit organizations.

Comment: *

Name: *

Email: *

Verification: *

A corporation is considering utilizing ACH transactions for its large value transfers, as opposed to wire transfers. Which of the following would MOST LIKELY deter the corporation from implementing this change?

• A.The corporation has a low credit rating.
• B.ACH transactions are more expensive.
• C.Trading partners may not accept ACH.
• D.The risk of fraud is greater.

Comment: *

Name: *

Email: *

Verification: *

Which of the following are differences between securities issued through the primary and
private capital markets?
I.Cost of issuance and speed of execution II.Investor base III.Reasons for the offering IV.Registration requirements

• A.II, III, and IV
• B.II and IV
• C.I and III
• D.I, II, and IV

Comment: *

Name: *

Email: *

Verification: *