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CTP · Question #844
(Topic 9) Company ABC has expanded its banking relationships due to international growth. ABC cannot figure out why its collection float amongst its international customers is longer than its…
The correct answer is D. paper-based international payments. See the full explanation below for the reasoning.
Question
- (Topic 9)
Company ABC has expanded its banking relationships due to international growth. ABC cannot figure out why its collection float amongst its international customers is longer than its domestic customers. Additionally, ABC is incurring significant costs related to the receipt and processing of these customer payments. ABC is MOST LIKELY experiencing issues related to:
Options
- ASEPA credit transfer.
- Binternational wire transfer.
- Cinternational bank consolidations.
- Dpaper-based international payments.
How the community answered
(17 responses)- A6% (1)
- B18% (3)
- C6% (1)
- D71% (12)
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