Under Multilateral Netting

Under multilateral netting

A) each affiliate nets all its inter-affiliate receipts against all its disbursements. It then transfers or receives the balance, respectively, if it is the net payer or receiver.
B) each pair of affiliates determines the net amount due between them, and only the net amount is transferred.
C) no inter-affiliate payments are made or even computed, since no real cash flows are involved.
D) all of the above