Which of the following statements about multilateral netting system are correct? (i) Each affiliate nets all its interaffiliate receipts against all its disbursements. (ii) Each affiliate transfers or receives a balance, depending on whether it is a net payer or receiver. (iii) The net funds to be received by the affiliates will equal the net disbursements to be made by the affiliates. (iv) Only two foreign exchange transactions are necessary since the affiliates' net receipts will always be equal to zero. (v) Only two foreign exchange transactions are necessary since the affiliates' net disbursements will always be equal to zero. a. (i), (ii), and (iii) O b. (i) and (ii) c. (i), (ii), (iii), and (v) d. (i), (ii), (iii), and (iv)