With Regard to Cash Management Systems in Practice, Studies Suggest

question 90

Multiple Choice

With regard to cash management systems in practice, studies suggest that the 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 savings in administrative time.
• C)the reduction in intra company float, which is frequently as high as five days, even for wire transfers.
• D)all of the above

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Definitions:

Diversity Management Initiative

Strategies and actions undertaken by organizations to create a diverse and inclusive work environment that respects and values differences among employees.

Proper Training

Comprehensive and structured education or skill development processes designed to equip employees effectively for their roles.

Harassment

Unwanted or aggressive behavior that creates an intimidating, hostile, or offensive environment, especially based on personal characteristics.

Provincial Jurisdiction

The authority and power exercised by a province or state to govern itself and manage its own affairs.