International cash management systems are more complex than domestic cash management systems because
A)many developing countries still use a cash payments system.
B)some countries rely on electronic funds transfer more than the U.S.
C)liquidity management, involving short-term cash balances and deficits, has to be managed across international boundaries and time zones and is subject to the risks of currency fluctuations.
D)None of the options

Question

Quizplus · Accepted Answer

International cash management involves managing short-term cash balances and deficits across multiple countries and time zones. As such, it is subject to the risks of currency fluctuations and requires the use of more complex liquidity management strategies than domestic cash management systems. Additionally, different countries may rely on different payment systems and technologies, adding to the complexity of international cash management.

International Cash Management Systems Are More Complex Than Domestic Cash