Answer: b. Access to additional knowledge and expertise.
Explanation:
One of the advantages of opening a limited company be it private or public, is the additional knowledge that the other shareholders would bring on board.
In the case of a private company, the new shareholders would be from various backgrounds and would have knowledge on how to grow the business and in the case of a public company, the Board of Directors are usually drawn from various industries and so will put their experience from those industries into the company thereby giving it an edge.
+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.
- is getting bored soon (changing your mind), and not enjoying your childhood.
I hope i helped :)
Answer: Using IC open positions in two currencies that are expected to balance each other.
Explanation:
Multilateral Netting is the Inter Company (IC) centralization of payments and receipts so that payments and receipts can be offset.
This reduces transaction and hedging costs.
It works by netting inflows and outflows against each other of different subsidiaries in a centralized currency. A final figure is then reached and this is the only figure that would need to be converted to the currency of payment.
This is very helpful for firms in multiple geographical locations.
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