AFP
CTP · Question #582
(Topic 6) An increasing number of multinational companies have adopted formal multilateral netting systems for which of the following reasons?
The correct answer is A. To facilitate management of foreign exchange exposure. See the full explanation below for the reasoning.
Question
- (Topic 6)
An increasing number of multinational companies have adopted formal multilateral netting systems for which of the following reasons?
Options
- ATo facilitate management of foreign exchange exposure
- BTo improve check clearing times
- CTo standardize payment routes and banking channels
- DTo eliminate duplicate payments to vendors
How the community answered
(35 responses)- A77% (27)
- B9% (3)
- C3% (1)
- D11% (4)
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