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CTP · Question #24
(Topic 1) A company is based in the United States and has an operating subsidiary in Germany. With a stable U.S. dollar and a depreciating euro, the company's cash manager may elect to:
The correct answer is C. start leading receivables from the German subsidiary. See the full explanation below for the reasoning.
Question
- (Topic 1)
A company is based in the United States and has an operating subsidiary in Germany. With a stable U.S. dollar and a depreciating euro, the company's cash manager may elect to:
Options
- Bimplement a dollar-based multilateral netting system.
- Cstart leading receivables from the German subsidiary.
- Destablish a multicurrency account in the United States.
How the community answered
(52 responses)- B6% (3)
- C81% (42)
- D13% (7)
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