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- Outline the main risks Treasurers and Fund Managers deal with in managing their short- and long-term financial obligations.
- State the impacts the risks, in part C, have on the business of Treasurers and Fund Managers.
- State management options available to Treasurers and Fund Managers on how they mitigate risks noted in part C.
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- Which of the following organizations/entities does a mutual fund appoint to collect money received fromthe fund's purchasers and from portfolio income, as well as to arrange for cash distributions? a) A fundcustodian. b) A fund distributer c) A fund principal. d) A fund managerList and describe key functions performed by Treasurers of Financial institutions in primary markets when they participate in a public issueA board sets aside resources to earn investment income to support general operations. Would the resources set aside be recorded in a fund with donor restrictions or a fund without donor restrictions? Would the earnings be recorded in a fund with donor restrictions or a fund without donor restrictions?
- Which of the following statements BEST describes investors of retail or wholesale managed funds? A) Individuals, large corporations and private clients invest in retail managed funds. B) Individuals, large corporations and private clients invest in wholesale managed funds. C) Trustees and individuals invest in retail managed funds. D) Trustees and large corporations invest in wholesale managed funds.A board sets aside resources to earn investment income to support general operations. Would the resrources set aside be recorded in a fund with donor restrictions or a fund without donor restrictions? Would the earnings be recorded in a fund with donor restrictions or a fund without donor restrictions?What benefits are derived from including the management’s discussion and analysis in state and local governmental financial reports? What information is required to be included in the MD&A?
- Which of the following statements about constituent funds in the Mandatory Provident Fund (MPF) Scheme is INCORRECT? A) They are options offered within a master trust. B) The employer selects which constituent fund the employee invests in. C) One of the funds must be a capital preservation fund. D) They can invest directly in an Approved Pooled Investment Fund.The following are functions of the treasurer rather than the controller, except a, credit managementb. tax managementc. sourcing and investing fundsd. risk managemente. answer not givenWhat are examples of various types of business-type funds used in governmental units? How are monitoring and reporting of business-type funds similar and how do they differ?
- Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other sales expenses directly from the fund assets rather than billing investors. These fees are known as ____________. Group of answer choices front-end loads 12b-1 charges back-end loads direct operating expensesHow to prepare financial statements for a government agency and non-profit organization?Which of the following funds are classified as proprietary funds? Group of answer choices a.) Agency and special revenue funds. b.) Agency and pension trust funds. c.) Enterprise and internal service funds.
