International Financial Management Study Set 1
Quiz 21: International Cash Management
28)refer to Exhibit 21-2
28)Refer to Exhibit 21-2. What is the standard deviation of the portfolio contemplated by Moore Corporation? A) .624%. B) 7.950%. C) 1.040%. D) 10.200%. E) none of the above
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29.Lockboxes are post office box numbers assigned to employees for picking up their paychecks.
30.Preauthorized payment is an arrangement that allows a corporation to charge a customer's bank account up to some limit.
31.Although netting typically increases the need for foreign exchange conversion, it generally reduces the number of cross border transactions between subsidiaries.
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