Some Countries Allow Inter-Affiliate Transactions to Be Settled Only on a Gross

Some countries allow inter-affiliate transactions to be settled only on a gross basis.That is,

A) all receipts for a settlement period must be grouped into a single large receipt and all disbursements must be grouped into a single large payment.
B) all receipts and disbursements for a settlement period must be handled individually.
C) all receipts and disbursements for a settlement period must be netted against each other and then a single large payment is made.
D) each affiliate nets all its inter-affiliate receipts against all its disbursements.It then transfers or receives the balance,respectively,if it is a net payer or receiver.

Correct Answer:

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