Multiple Choice
Which of the following statements is correct?
A) Capital budgeting is easier for MNCs because they can disperse financial resources globally
B) MNCs need to structure the bank accounts and cash balances of their subsidiaries to effectively manage their financial resources
C) Such cash management activities as global liquidity and foreign exchange exposure should be decentralized to lower risks
D) Local disbursement, collection, and payroll should be centralized to improve efficiency
Correct Answer:

Verified
Correct Answer:
Verified
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