Multiple Choice
Cash pooling has the following benefits except _________.
A) accumulating a large balance in a centralized account to get a better interest rate
B) using cash excesses from some subsidiaries to fund the cash needs of other subsidiaries
C) lowering the total requirement for precautionary cash balance
D) reducing the amount and number of money transfers
Correct Answer:

Verified
Correct Answer:
Verified
Q23: What accounting challenges do multinational companies face
Q24: What approaches can a multinational company use
Q25: Which of the following statements is correct?<br>A)
Q26: In the Eurocurrency market, Eurocurrency refers to
Q27: What are your thoughts on the merger
Q29: Should countries that have not converted to
Q30: The following countries/regions are known for their
Q31: What are the advantages and disadvantages of
Q32: How can professional service firms like the
Q33: What challenges do different accounting standards and