To ____, MNCs can use preauthorized payments.

Question

Quizplus · Accepted Answer

Preauthorized payments can help MNCs accelerate their cash inflows by ensuring that payments are received on time and without delay, which can improve their overall cash flow and liquidity. While preauthorized payments may also help minimize currency conversion costs and manage blocked funds, these benefits are secondary to their primary function of optimizing cash inflows. Preauthorized payments may not be as effective for managing intersubsidiary cash transfers, as these transactions typically require more elaborate cash management techniques.

To ____, MNCs Can Use Preauthorized Payments