(Topic 7) A United States company must remit a dollar royalty payment to its Japanese subsidiary. Cash settlement of the payment would typically be made by which of the following?

The correct answer is C. CHIPS. See the full explanation below for the reasoning.

Question

(Topic 7)

A United States company must remit a dollar royalty payment to its Japanese subsidiary. Cash settlement of the payment would typically be made by which of the following?

Options

ASWIFT
BACH
CCHIPS
DGiro system

How the community answered

(35 responses)

A
6% (2)
B
14% (5)
C
71% (25)
D
9% (3)

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