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Question 1:
(a) Briefly explain the Electronic Data Interchange (EDI), and list the benefits of EDI.
(b) List and describe the main components of MACSS.
(c) Explain briefly how the S.W.I.F.T FIN Y-Copy works and outline the three main roles of the MACSS control system.
(d) List down the three non-value functions (RTGS) related enquiries that are supported by MACSS participants interface (Web Server).
Question 2:
(a) Define e_check.and list two benefits of e_check.
(b) Using Authorise.net portal as an example, describe the steps how e_check works.
(c) What Is Online Futures Trading? What are the advantages and disadvantages of online future trading?
(d) Explain the E_Cash concept, its advantages and disadvantages.
(e) In managing the strategic risk associated with e-banking services, financial institutions should develop clearly defined e-banking objectives by which the institution can evaluate the success of its e-banking strategy. What are the e-banking objectives that should be taken into consideration?
Dividends and interest payments Payment of dividends and interest can either be demonstrated under financing activities or under operating activities. Sum of the 3
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Characteristics of Hedge Funds Hedge Funds are commonly referred to as "absolute return strategies", which means that many are designed to seek positive returns in most market
This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision. Perluence International is large manufacturer of petroleum and
what are some of the skills in asmall scale business
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Calculate the Price of Commonwealth bonds Commonwealth Company has a 10% coupon bond with a par value of $1000, The current yield to maturity on new bonds is 8%. If interest is
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DISCOUNTING TECHNIQUE is also called present value technique. It is the process of calculating the present value of cash flows. Discounting is determining the present value of a
Assume a firm has the following cash flows for the next five years: $50,000, $100,000, $150,000, $200,000, and $300,000. We start this business with an initial investment of $250,0
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