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CTP · Question #195

(Topic 2) A company is interested in lowering its overall banking costs, managing netting, pooling, re- invoicing, and centralizing FX exposure at headquarters. Which of the following options will…

The correct answer is A. In-house banking. See the full explanation below for the reasoning.

Question

  • (Topic 2)

A company is interested in lowering its overall banking costs, managing netting, pooling, re- invoicing, and centralizing FX exposure at headquarters. Which of the following options will accomplish this?

Options

  • AIn-house banking
  • BShared service center
  • CCompany processing center
  • DAutomated clearing house

How the community answered

(56 responses)
  • A
    73% (41)
  • B
    7% (4)
  • C
    16% (9)
  • D
    4% (2)

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