AFP Certified Treasury Professional CTP Question # 238 Topic 1 Discussion

AFP Certified Treasury Professional CTP Question # 238 Topic 1 Discussion

CTP Exam Topic 1 Question 238 Discussion:
Question #: 238
Topic #: 1

Which of the following correctly describes pooling as practiced in the European cash management environment?


A.

It can be facilitated between banks.


B.

The accounts of a parent company and its subsidiaries may be aggregated.


C.

It is accomplished through multicurrency accounts in one country.


D.

A company need not arrange credit facilities for negative balances.


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