For disbursements exceeding 500 million, how many days notice?

• A. 2
• B. 7
• C. 5
• D. 3

Answer: (C)

Large disbursement controls require enough lead time to verify funds, obtain all necessary approvals, and coordinate processing in the financial systems. For disbursements exceeding 500 million, the standard is five days’ notice before the payment date. This window ensures proper validation, authorizations, and readiness of the treasury and banking processes to handle the sizable transfer without errors or delays. Shorter notice, such as two or three days, wouldn’t provide sufficient time for the required checks, while a longer notice like seven days isn’t the established requirement for this threshold. Five days strike the right balance to maintain control while enabling timely disbursement.