Which one of the following is a key element of international cash management both within a foreign country and across borders?
A)accelerating collections
B)lagging payments
C)reducing customs delays
D)greater expertise in cash and portfolio management

Question

Quizplus · Accepted Answer

Accelerating collections is a key element of international cash management as it helps to improve the cash flow by increasing the speed of collecting payments from customers in foreign countries or across borders. This can be done through various techniques such as offering discounts for early payment, using electronic payment methods, and improving credit management processes.

Which One of the Following Is a Key Element of International