Which One of the Following Is a False Statement When

question 60

Multiple Choice

Which one of the following is a false statement when engaged in bilateral netting?

• A)Total interaffiliate receipts will always equal total interaffiliate disbursements.
• B)We can reduce the number of foreign exchange transactions among a MNC with N affiliates to or less.
• C)Each affiliate nets all its interaffiliate receipts against all its disbursements.It then transfers or receives the balance, respectively, if it is a net payer or receiver.
• D)All of the above

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Definitions:

British North America

British North America comprises the territories in North America that were under British rule before they became independent countries, including Canada, the United States (before independence), and various Caribbean territories.

New England's Economy

Refers to the economic activities and structure in the New England region of the United States, traditionally characterized by manufacturing, fishing, and agriculture, but now also known for its high technology and financial services.

Belief Perseverance

The tendency to maintain one's beliefs even after they have been discredited or proven wrong.

Advice

Guidance or recommendations offered regarding prudent future action.