______ measure the company’ s ability to meet short-term obligations through the cash conversion cycle.

A. The supervisory authorities require them to do so.
B. The shareholders expect a reasonable return on their investment.
C. The banks have to keep safe large volume of monetary items raised from all sources.
D. The banks engage in a large volume and variety of transactions.

A. It consists of one commercial credit and one standby credit.
B. It consists of two entirely separate documentary credits.
C. It consists of a credit and some commercial documents.
D. It consists of a bill of exchange and a bill of lading.