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CTP · Question #771

(Topic 8) An airline has entered into an agreement with its partners to offset receivables and payables for a specified period of time and to transmit or receive the difference via funds transfer at…

The correct answer is D. a net settlement system. See the full explanation below for the reasoning.

Question

  • (Topic 8)

An airline has entered into an agreement with its partners to offset receivables and payables for a specified period of time and to transmit or receive the difference via funds transfer at the end of the period. This is an example of:

Options

  • Aa barter agreement.
  • Ban inter-company loan.
  • Ctrade credit.
  • Da net settlement system.

How the community answered

(17 responses)
  • A
    6% (1)
  • B
    6% (1)
  • C
    12% (2)
  • D
    76% (13)

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