With regard to cash management systems in practice,studies suggest that the benefits of a multilateral netting system include
A) the decrease in the expense associated with funds transfer,which in some cases can be over $1,000 for a large international transfer of foreign exchange.
B) the savings in administrative time.
C) the reduction in intra company float,which is frequently as high as five days,even for wire transfers.
D) all of the options
Correct Answer:
Verified
Q33: Find the net exposure of the British
Q34: With a centralized cash depository
A)there is less
Q35: Which of the following statements about multilateral
Q36: For a recent month,the following payments
Q37: Benefits of a multilateral netting system include
A)the
Q39: The U.S.IRS allows transfer prices to be
Q40: Several international banks offer multilateral netting software
Q41: On blocked funds strategy is
A)transferring personnel from
Q42: When engaged in bilateral netting
A)total inter-affiliate
Q43: If French-based Affiliate A owes U.S.-based affiliate
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