Question

The VP must approve wires up to ... for phone request and up to ... for signed authorizations.

A. $10,000 and $25,000
B. $25,000 and $50,000
C. $50,000 and $100,000
D. $100,000 and $250,000

Answer 1

The VP must approve wires up to $50,000 for phone requests and up to $100,000 for signed authorizations.

Step-by-step explanation:

The correct answer is C. $50,000 and $100,000.

The question asks about the approval limits for wires in regards to phone requests and signed authorizations. The VP must approve wires up to $50,000 for phone requests and up to $100,000 for signed authorizations.

For phone requests, the VP can approve wires up to $50,000. For signed authorizations, the VP can approve wires up to $100,000.