Question 2 (1 point) Leading Export Credit Agencies and private risk insurers belong to an organization called the Berne Union, which is an organization that works closely with international trade organizations to promote best practices in export credit insurance, cooperation and stability in International Trade. True False Question 3 (1 point) A lack of cash flow planning will likely result in key stakeholders such as employees, suppliers, creditors and shareholders not receiving wages, payment, interest and principal and dividends. True False Question 4 (1 point) Cash flow planning is less difficult when international transactions are included due to factors affecting costs, such as: transmission delays, exchange controls, exchange rate fluctuations, political risks, delayed collection of receivables, technology. True D False Question 6 (1 point) Factoring without recourse means that a factoring house - typically a bank - assumes all of the risks and costs associated with collecting payment on an invoice they have purchased. True False Question 7 (1 point) Early Stage Small-Medium Enterprises often require risk mitigation products to be successful, while large multinational corporations are most concerned with good cash flows. True False