An example of differences in International cash management systems includes:
A) developed countries using cash payments and developing countries using electronic payments.
B) Canadian companies uses cash payments more than United States Companies.
C) the preference of Russian companies to use cash and United States Companies to use electronic payments.
D) transaction costs are ignored when determining what cash management system to use.

Question

Quizplus · Accepted Answer

The example cited in option C highlights the differences in cash management systems between two specific countries and their company preferences. The other options do not accurately describe differences in cash management systems between countries or companies. The statement in option D is also incorrect as transaction costs are an important consideration in choosing a cash management system.

An Example of Differences in International Cash Management Systems Includes