Which statement is not correct concerning a reinvoicing center?
A) All intracompany sales are structured as transactions between an operating affiliate and the reinvoicing center and are denominated in the local currency of the operating affiliate.
B) A reinvoicing center is not involved in the physical transfer of goods from one operating affiliate to another because such goods are transferred directly.
C) All foreign currency intracompany transactions are centralized in the reinvoicing center where specialized risk management expertise is available.
D) Bilateral netting with a reinvoicing center involved in all transactions yields results that are equivalent to multilateral netting without a reinvoicing center.
E) None of the statements above; all of the statements about the reinvoicing center are correct.

Question

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The Answer of Which statement is not correct concerning a reinvoicing center?
A) All intracompany sales are structured as transactions between an operating affiliate and the reinvoicing center and are denominated in the local currency of the operating affiliate.
B) A reinvoicing center is not involved in the physical transfer of goods from one operating affiliate to another because such goods are transferred directly.
C) All foreign currency intracompany transactions are centralized in the reinvoicing center where specialized risk management expertise is available.
D) Bilateral netting with a reinvoicing center involved in all transactions yields results that are equivalent to multilateral netting without a reinvoicing center.
E) None of the statements above; all of the statements about the reinvoicing center are correct.

Which Statement Is Not Correct Concerning a Reinvoicing Center