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International cash management systems are more complex than domestic cash manage

ID: 2659687 • Letter: I

Question

International cash management systems are more complex than domestic cash management systems because many developing countries still use a cash payments system. some countries rely on electronic funds transfer more than the U.S. liquidity management, involving short-term cash balances and deficits, has to be managed across international boundaries and time zones and is subject to the risks of currency fluctuations. none of these.
many developing countries still use a cash payments system. some countries rely on electronic funds transfer more than the U.S. liquidity management, involving short-term cash balances and deficits, has to be managed across international boundaries and time zones and is subject to the risks of currency fluctuations. none of these.
many developing countries still use a cash payments system. some countries rely on electronic funds transfer more than the U.S. liquidity management, involving short-term cash balances and deficits, has to be managed across international boundaries and time zones and is subject to the risks of currency fluctuations. none of these.

Explanation / Answer

iquidity management, involving short-term cash balances and deficits, has to be managed across international boundaries and time zones and is subject to the risks of currency fluctuations.

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