Discuss about payments and receipts between affiliates


Question: Cash management can be enhanced using a process where payments and receipts between affiliates are recorded but the actual transfer of funds involves net amounts only for amounts owed between affiliates. The system is known as Group of answer choices centralized cash management. lagging accounts payables. multilateral netting. leading accounts receivables.

 

 

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Accounting Basics: Discuss about payments and receipts between affiliates
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