APBM Certified Business Manager (CBM) CBM Dumps in PDF

Free APBM CBM Real Questions (page: 8)

What requires customers to send their payments to a post office box located in the are near where they live rather than directly to the firm is called:

  1. bolt-box system
  2. padlock system
  3. lockbox arrangement
  4. intertwine arrangement

Answer(s): C



A cash management arrangement used to mobilize funds from decentralized receiving locations, whether they are decentralized company locations, into one or more central cash pools is known as:

  1. Payable Concentration
  2. Concentration banking
  3. Marketable Concentration
  4. None of the above

Answer(s): B



Accounts that are not funded until the day's checks are presented against the account is called:

  1. Near-cash assets accounts
  2. Preauthorized debit accounts
  3. Disbursement floating accounts
  4. Controlled disbursement accounts

Answer(s): D



What refers to the process of evaluating the credit policy to determine if a shift in the customers' payment patterns has occurred?

  1. Payables monitoring
  2. Receivables monitoring
  3. Transactional monitoring
  4. Controlled monitoring

Answer(s): B



represents the average time it takes to collect credit accounts.

  1. Days sales outstanding
  2. Average sales outstanding
  3. Collection policy
  4. Accumulating time

Answer(s): A



What involves more trading monitoring of the portfolio and may be motivated by a philosophy that the investor can beat the market?

  1. Yield-spread investment strategy
  2. Passive investment strategy
  3. Active investment strategy
  4. None of the above

Answer(s): C



Which of the following is NOT the source of short-term funds?

  1. Accruals
  2. Letter of credit
  3. Reverse repurchase agreement
  4. Payable concentration

Answer(s): D



Banks sometimes require borrowers to maintain an average demand deposit balance equal to from 10 percent to 20 percent of the amount borrowed, this is called:

  1. line of credit
  2. compensating balance
  3. commitment fee
  4. revolving credit agreement

Answer(s): B



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9/7/2023 6:51:00 AM

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4/25/2022 10:24:00 AM

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