Which of the Following Statements About Multilateral Netting System Are

question 47

Multiple Choice

Which of the following statements about multilateral netting system are correct? (i) Each affiliate nets all its inter-affiliate receipts against all its disbursements.
(ii) Each affiliate transfers or receives a balance,depending on whether it is a net payer or receiver.
(iii) The net funds to be received by the affiliates will equal the net disbursements to be made by the affiliates.
(iv) Only two foreign exchange transactions are necessary since the affiliates' net receipts will always be equal to zero.
(v) Only two foreign exchange transactions are necessary since the affiliates' net disbursements will always be equal to zero.

• A)(i)and (ii)
• B)(i),(ii),and (iii)
• C)(i),(ii),(iii),and (iv)
• D)(i),(ii),(iii),and (v)

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Definitions:

Realistically

Pertains to recognizing and accepting the actual nature of a situation in a practical and sensible manner.

Performance Appraisals

A systematic evaluation of an employee's job performance and productivity in relation to pre-established criteria and organizational objectives.

Legal Documentation

Official documents that record agreements, contracts, rights, and obligations within legal proceedings and business transactions.

Penalized

Subject to punishment or sanctions due to violations of rules, laws, or regulations.