Can anyone answer the question and explain it thx alot

1. Treasurers of multinationals will likely demand more cash management services when a) foreign exchange markets are relatively calm b) foreign exchange transactions costs rise c) inflation rates are relatively low d) telecommunications costs rise 2. Which of the following is NOT an advantage of a centralized international cash management program. a) Pools of excess liquidity are eliminated b) Financing costs can be reduced c) Information at the level of the operating unit is better utilized d) Cash management is decentralized 3. All of the following are major forms of bank financing EXCEPT a) overdrafts b) factoring c) discounting d) term loans 4. Netting can do all of the following EXCEPT a) reduce foreign exchange risk b) reduce foreign exchange costs c) reduce float d) reduce individual cable charges 5. Which of the following payment methods provides the exporter with the strongest protection against risk? a) Cash in advance b) Letter of credit c) Draft d) Consignment 6. Caterpillar Tractor sells heavy construction equipment to a Polish firm. In return, the Polish firm issues a promissory note to Caterpillar promising to pay for the equipment over a five-year period. Caterpillar sells the note to Deutsche Bank at a discount. Caterpillar has used a) accounts receivable financing b) factoring c) forfaiting d) letter of credit 7. Microsoft sells software to a French firm. In return, the French firm's bank, Credit Agricole, acknowledges it will pay Microsoft after the software is delivered to its client. Microsoft has most probably used a) accounts receivable financing b) factoring c) forfaiting d) letter of credit