Which of the Following Statements About Securitisation Is Incorrect? Securitisation

question 34

Multiple Choice

Which of the following statements about securitisation is incorrect? Securitisation:

• A)capitalises the future cash flows arising from illiquid assets.
• B)does not have any inherent problems to make it problematic.
• C)is an illegitimate business practice for raising finance.
• D)may also be used to assist in managing risk.

Recognize the role of technology in authenticating checks and the importance of features like toner adhesion and chemical reactive paper.

Know the security implications of accepting postal money orders and third-party checks.

Understand how various security features, such as foil holograms and thermochromic icons, contribute to check authenticity.

Learn about the consequences of accepting checks written for more than the amount due and the practice of giving cash back.