Which One of the Following Is a False Statement When $\frac { N \times ( N - 1 ) } { 2 }$

question 27

Multiple Choice

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

• A)Total inter-affiliate receipts need not always equal total inter-affiliate disbursements.
• B)We can reduce the number of foreign exchange transactions among an MNC with N affiliates to \(\frac { N \times ( N - 1 ) } { 2 }\) or less.
• C)Each affiliate nets all its inter-affiliate 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 options

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Definitions:

Gross Margin

The financial metric representing the difference between sales revenue and the cost of goods sold (COGS), expressed as a percentage of sales revenue.

Cost of Goods Manufactured

Refers to the total production cost incurred by a company to manufacture products in a given period, including raw materials, labor, and overhead costs.

Sales

Sales refer to the total revenue earned from goods or services sold by a company during a specific period.

Variable Cost

Costs that vary directly with the level of production or service delivery, such as raw materials and direct labor.