Which of the following statements is true about the cash management of multinational companies??
A. Multinational companies safeguard their foreign operations through quotas.?
B. ?Multinational companies do not use lock box systems due to longer distances.
C. ?Multinational companies prefer keeping cash idle.
D. ?Multinational companies try to slow down collections and speed up disbursements where possible.
E. ?Multinational companies face restrictions in transfers of funds from foreign governments.
Answer: E
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