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Problem:
(a) The Automated Clearing House (ACH) is an electronic payment network used by individuals, businesses, financial institutions and government organisations.
(i) Outline briefly the different ACH participants.
(ii) Describe benefits of the ACH to corporate originators.
(iii) Explain benefits of the ACH to the receivers.
(b) Fedwire, CHIPS and SWIFT are the three wire-transfer systems used in the United States. Outline the main differences among these three wire-transfer systems.
(c) (i) Define the term Electronic Data Interchange (EDI).
(ii) Outline the essential elements of EDI.
(ii) Give three benefits of EDI.
Question: (a) Describe the essential characteristics of money. (b) Keynes identified three motives for holding balances of money. (i) What are these three motives?
Question : (a) "Risk of diversified portfolio is much lower than the risk of less-diversified portfolio" - What is the relevance of this statement to corporate finance manager
the rationale for corporate governance
1) Select an organization that you are familiar with and evaluate the steps needed to transform the business plans into Balance Score Cards & Key Performance Indicators 2)
The credit term "2/45 net 90" indicates
The problem considered is that of forecasting demand for single-period products before the period starts. We study this problem for the case of a mail order apparel company that ne
Determine pay back period and net present value? A company is considering two projects with the subsequent cash flow streams: Year Project A
Who regulates the stock market and the reason for the need for such standard and heavy regulations
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Your firm is contemplating the purchase of a new $791,000 computer-based order entry system. The system will be depreciated straight-line to zero over its seven-year life. It will
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