QUESTION 23

Upon reviewing the operational

processes and procedures at Dalton Ltd, what type of risks do you expect to see

being covered in the company’s policy documents?

a.    Liquidity

risk policy, dealing policy, credit risk policy, commodity risk policy, foreign

exchange rate policy.

b.    Interest

rate risk policy, credit risk policy, foreign exchange rate policy, liquidity

risk policy.

c.     Commodity

risk policy, Inter-company funding policy, interest rate risk policy,

ring-fencing policy.

d.    foreign

exchange rate risk policy, ring-fencing policy, intercompany funding policy,

commodity risk policy.