2. Which of the following payments method creates the most risks for an importer?

1. Cash in advance.
2. Documentary collection.
3. Open account.
4. Letter of credit.

3. For an industrial company, which of the following would be an operating asset?

1. Assets held for sale.
2. Investment in a private equity fund.
3. Other financial investments.
4. Property, plant and equipment.

4. Supply chain finance facilities with a bank are typically arranged by the

1. Buyer.
2. Government.
3. Issuer.
4. Seller.

5. In a typical set of financial statement, the balance sheet

1. Does not show current and non-current liabilities of a business separately.
2. Presents only the assets and liabilities of a business.
3. Presents the current years and last year carrying values.
4. Shows the difference between the current years and the last years carrying values.

6. Which of the following best describe as a domestic banks agent to conduct business abroad?

1. Central bank.
2. correspondent bank.
3. Investment bank.
4. Fintech bank.