Some Countries Allow Inter-Affiliate Transactions to Be Settled Only on a Gross

question 9

Multiple Choice

Some countries allow inter-affiliate transactions to be settled only on a gross basis.That is,

• A)all receipts for a settlement period must be grouped into a single large receipt and all disbursements must be grouped into a single large payment.
• B)all receipts and disbursements for a settlement period must be handled individually.
• C)all receipts and disbursements for a settlement period must be netted against each other and then a single large payment is made.
• D)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.

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