Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements about the cash management in multinational companies is correct? Group of answer choices Multinational companies always prefer holding more cash

Which of the following statements about the cash management in multinational companies is correct?

Group of answer choices

Multinational companies always prefer holding more cash in their foreign operations than in their domestic operations.

Multinational companies often try to slow down collections and speed up disbursements where possible.

Most multinational companies prefer to operate in countries that enact quotas on imported goods, because such quotas normally limit the amount of money the firms can lose in those countries.

Multinational companies do not use lock box systems, because most countries do not permit such banking arrangements.

Most multinational companies face restrictions imposed by foreign governments when transferring funds from their foreign operations to their home countries.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Shenanigans How To Detect Accounting Gimmicks And Fraud In Financial Reports

Authors: Howard M. Schilit, Jeremy Perler, Yoni Engelhart

4th Edition

126011726X, 9781260117264

More Books

Students also viewed these Finance questions

Question

Describe organized labors strategies for a stronger movement.

Answered: 1 week ago

Question

Explain the nature and role of safety, health, and wellness.

Answered: 1 week ago

Question

Identify the steps that lead to forming a bargaining unit.

Answered: 1 week ago