AFP
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)- A6% (1)
- B6% (1)
- C12% (2)
- D76% (13)
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