Which of the Following Is NOT a Function Covered by International

question 36

Multiple Choice

Which of the following is NOT a function covered by international cash management?

• A)maximizing interest earned on idle international cash balances
• B)manipulating transfer prices
• C)repositioning of funds within the multinational firm
• D)investing surplus cash held within the system

---

Definitions:

Amortized Cost

The progressive reduction of a debt or the cost of an intangible asset over a specified time period.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is used globally to prepare public company financial statements.

Held to Maturity

A designation for financial assets which a company has the intention and ability to hold until a specified maturity date.

Available-For-Sale Securities

Financial assets that are purchased with the intent of selling before they reach maturity or when favorable market conditions exist.