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Which of the following best describes the main objective of the nostro reconciliation function?

Which of the following best describes the main objective of the nostro reconciliation function?

A.

To ensure efficient cash management

B.

To ensure that ail receipts of foreign currency are made in a timely fashion

C.

To reduce the amounts paid in interest rate claims due to late payments

D.

To ensure that expected cash movements agree with the actual movements of currency

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