RAL Industries is a manufacturing company that currently has locations in the United States and Latin America and has just completed an acquisition of a company located in Europe. As a result of the acquisition, they have a large number of financial service providers. In an effort to reduce the number of providers and services used globally, RAL has decided to develop a formal selection process to consolidate its many global banking services. In order to reduce the amount of time the selection process takes, determine which services providers can offer, and the number of providers involved in the process, what should RAL Industries issue?

Which of the following is considered a financing decision?

Which of the following are treasury management objectives?
I) To meet obligations in a timely manner
II) To minimize holdings in non-earning cash balances
III) To monitor and assist in the control of financial risk
IV) To evaluate costs and benefits of capital projects

A large multinational company recently implemented new processes to automate its treasury operations. If these changes were the direct result of comparing the company's practices with those of other companies, the activities could be considered an example of which of the following?
I) Liquidating
II) Re-engineering
III) Benchmarking
IV) Forecasting

The PRIMARY goal of treasury management is to use which of the following efficiently?