AFP
CTP · Question #166
(Topic 2) Which of the following statements is typically true about a net settlement system?
The correct answer is A. It significantly reduces the total cost of transfers. See the full explanation below for the reasoning.
Question
- (Topic 2)
Which of the following statements is typically true about a net settlement system?
Options
- AIt significantly reduces the total cost of transfers.
- BParticipants obtain improved payment terms from suppliers.
- CReceivables and payments are continuously settled 1-to-1.
- DAn independent third party determines the settlement dates.
How the community answered
(33 responses)- A76% (25)
- B15% (5)
- C3% (1)
- D6% (2)
Community Discussion
No community discussion yet for this question.