39. Which of the following would not directly result on a current year income statement expense for a non-financial company? a. Making a provision for warranty claims. b. Making an interest payment on a revoking working capital facility. c Providing for a bad debt on a trade receivable. d. Repaying on overdraft. 40. Which of the following had the greatest impact on the characteristics of services provision by banks to their retail customers? a. Annual reporting b. Behavioral scoring. c. Financial analysis. d. Technological innovation. 41. Tracking deals is most typically the responsibility of staff working in which of the following areas within a bank? a. Sales office. b. Front office. c. Middle office d. Back office. 42. Which of the following statement is correct regarding a bank's balance sheet? a. Deposit trade with other banks are shown as liabilities. b. Investment is associate companies are shown as equity. c. Reserves and shares premium are shown as equity. d. Reverse repos are shown as liabilities. 43. What is an advantage to an investor of a certificate of deposit, compared to a time deposit with the same bank? a. Has a fixed maturity date. b. is a tradable instrument. c is suitable for real savers. d. Provides a higher rate of interest. 44. Which of the following is the least attractive form of security from a lender's perspective? a. Cash and equivalents held in a ring-fenced account. b. Investment grade fix income securities. C. Prime commercial real estate. d. Shears in group companies of the borrower. 45. A letter of credit provides assurance to the exporter that they will be paid their good subject to which of the following? a. Safe storage in a warehouse, b. Satisfactory quality Submission of compliant documents d. Suitable insurance during transit