AFP
CTP · Question #446
(Topic 5) Which of the following correctly describes pooling as practiced in the European cash management environment?
The correct answer is B. The accounts of a parent company and its subsidiaries may be aggregated. See the full explanation below for the reasoning.
Question
- (Topic 5)
Which of the following correctly describes pooling as practiced in the European cash management environment?
Options
- AIt can be facilitated between banks.
- BThe accounts of a parent company and its subsidiaries may be aggregated.
- CIt is accomplished through multicurrency accounts in one country.
- DA company need not arrange credit facilities for negative balances.
How the community answered
(32 responses)- A9% (3)
- B84% (27)
- C3% (1)
- D3% (1)
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