A cash manager is determining the threshold over which cash concentrations will be done by wire. An ACH transaction costs $0.50. A wire costs $12.00. Funds are available 2 days quicker by wire and the opportunity cost of funds is 5%. What threshold should the cash
manager use?

An evaluated receipts settlement would be MOST commonly used in an environment where:

A cash manager invests in Treasury bills for which of the following reasons?

From a consumer's perspective, all of the following are true of both debit cards and credit cards EXCEPT:

When a supplier uses evaluated receipts settlement (ERS), which of the following statements is true?