In Order to Justify the Cost of Using a Wire

question 5

Multiple Choice

In order to justify the cost of using a wire transfer instead of an EDT (electronic depository transfer) ,your company must transfer a minimum of $200,000.The EDT has a one business day availability.If the EDT availability were two business days,what is the minimum transfer amount that would justify a wire transfer?

• A)$100,000
• B)$200,000
• C)$400,000
• D)the amount cannot be calculated without more information

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Definitions:

Knowledge

Facts, information, or skills acquired through experience or education; the theoretical or practical understanding of a subject.

Trust

The belief in the reliability, truth, ability, or strength of someone or something, fundamental to building and maintaining social relationships.

Parasocial Relationships

Individuals’ relationships with people in the media, including celebrities, television characters, and athletes.

Interdependence

A mutual reliance between two or more parties, often seen in ecosystems, economies, and social relationships.