A financial subsidiary used for centralizing exposure management functions is also referred to as a(an)
A)invoice center
B)reinvoice center
C)affiliate
D)none of the options

Question

Quizplus · Accepted Answer

A financial subsidiary used for centralizing exposure management functions is commonly called a "reinvoice center," which handles invoicing and payment processing for a company's different subsidiaries, as well as managing foreign currency exposure and other financial risks. An "affiliate" is a separate company that is affiliated with another company, while an "invoice center" is simply a department or service within a company that handles invoicing functions. "None of the options" is incorrect, as the correct answer is B, "reinvoice center."

A Financial Subsidiary Used for Centralizing Exposure Management Functions Is