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C_TIOG20_65 · Question #71

(Topic 11) What is the function of netting in exchange agreements?

The correct answer is B. To sum receivables and payables in one statement. See the full explanation below for the reasoning.

Question

  • (Topic 11)

What is the function of netting in exchange agreements?

Options

  • ATo create several invoices with different terms of payments
  • BTo sum receivables and payables in one statement
  • CTo settle confirmed purchase orders automatically
  • DTo calculate the net value of an exchange contract

How the community answered

(55 responses)
  • A
    9% (5)
  • B
    84% (46)
  • C
    2% (1)
  • D
    5% (3)

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