Benefits of a Multilateral Netting System Include

question 67

Multiple Choice

Benefits of a multilateral netting system include

• A)the decrease in the expense associated with funds transfer,which in some cases can be over $1,000 for a large international transfer of foreign exchange.
• B)the reduction in the number of foreign exchange transactions and the associated cost of making fewer but larger transactions.
• C)the reduction in intra-company float,which is frequently as high as five days even for wire transfers.
• D)the benefits that accrue from the establishment of a formal information system,which serves as the foundation for centrally managing transaction exposure and the investment of excess funds.
• E)all of the options

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Definitions:

Nonverbal Communication

The transfer of information through the use of body language, facial expressions, gestures, and tone of voice instead of words.

Functionalist Perspective

A theoretical framework in sociology that focuses on the function of each component of society and how those components fit together.

Social Institutions

Complex social forms that reproduce themselves such as governments, the family, human languages, universities, hospitals, business corporations, and legal systems.

Casual Conversation

Informal exchange of information and ideas between individuals without specific purpose or structure.