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Exam Code: SHAM

Exam Name: BCS Foundation Certificate in Software and Hardware Asset Management

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
A company's Chief Financial Officer assigns a team reporting to the Treasurer to restructure the company's complex debt instruments and equipment leasing arrangements. The team executes the required settlement transactions using wire payments to facilitate the new debt structure, and in the process violates the lending requirements of the company's bank. What should the Treasurer have done to prevent the violation?
A. Established covenant monitoring and compliance controls.
B. Set up an exception management process.
C. Restricted access to the company's payment processing system.
D. Segregated the team's duties for the debt structuring and transaction activities.
Answer: A

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