单项选择题

______ is a large loan, generally more than USD10 million, negotiated between a borrower and a single bank, but actually funded by a number of banks.

A. A project loan
B. A syndicated loan
C. An export credit D. Consumer credit
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单项选择题
______ measure the company’ s ability to meet short-term obligations through the cash conversion cycle.
A. Activity ratio
B. Liquidity ratio
C. Leverage ratio
D. Profitability ratio
单项选择题
Why should banks need to establish formal operating procedures
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.
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