One benefit of a centralized cash depository is
A) the MNC's investment in precautionary cash balances can be substantially reduced without a reduction in its ability to cover unforeseen expenses.
B) each affiliate will have greater autonomy in managing its own cash balances.
C) exchange rate restrictions can be easily circumvented.
D) none of the above
Correct Answer:
Verified
Q10: Multinational cash management
A)is really no different for
Q49: When engaged in bilateral netting
A)total interaffiliate receipts
Q50: Which term correctly describes the following situation?
Q51: On blocked funds strategy is
A)transferring personnel from
Q52: Why can blocked funds can be detrimental
Q53: Which will reduce the number of foreign
Q55: For the U.S. affiliate shown below, net
Q56: Assume that Y pays a tax deductible
Q57: If French-based Affiliate A owes U.S.-based affiliate
Q58: Calculate the increase in annual after-tax profits
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