To ____, MNCs Can Use Preauthorized Payments.​

question 44

Multiple Choice

To ____, MNCs can use preauthorized payments.​

• A) ​accelerate cash inflows
• B) ​minimize currency conversion costs
• C) ​manage blocked funds
• D) ​manage intersubsidiary cash transfers

---

Definitions:

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is a United States federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes.

Public Accountants

Professionals who provide accounting services to the public, including audit, tax preparation, and consulting, typically holding a CPA license.