QUESTION
40

Choose
the correct statement below:

a.    The
holding company will add a value (advantage) of R20 000 by pooling cash from
its subsidiary accounts.

b.    The
interest earned by pooling cash from the three subsidiaries' accounts equals R42
000.

c.     The pooling of cash to the central master account will
save R16 000 that could have been lost if pooling had not been done.

d.    The net pooling by the central treasury of Exotic
Spice Ltd will earn the company a collective interest of R36 000.

Question

QUESTION
40

Choose
the correct statement below:

a.     The
holding company will add a value (advantage) of R20 000 by pooling cash from
its subsidiary accounts.

b.     The
interest earned by pooling cash from the three subsidiaries' accounts equals R42
000.

c.      The pooling of cash to the central master account will
save R16 000 that could have been lost if pooling had not been done.

d.     The net pooling by the central treasury of Exotic
Spice Ltd will earn the company a collective interest of R36 000.

Answer

The interest earned by pooling cash from the three subsidiaries' accounts equals R42 000.

Answer

The net pooling by the central treasury of Exotic Spice Ltd will earn the company a collective interest of R36 000.

Answer

The holding company will add a value (advantage) of R20 000 by pooling cash from its subsidiary accounts.

Answer

The pooling of cash to the central master account will save R16 000 that could have been lost if pooling had not been done.

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