
GFS part 8
Authored by Mateusz Wnuk
Professional Development
Professional Development
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15 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Payment of Inter-Company License Fees:
The payment is sent through Glopay
The paying entity is responsible for paying any applicable withholding taxes to their local taxing authority
Both answers are correct
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Each legal entity must calculate the amount of license fee payable to the 3M affiliated company with whom they have:
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Inter-Company license fees are payments made between 3M affiliated companies for use of:
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The term of an inter-company term loan generally does not extend beyond
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Choose the correct answer:
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Loans/deposits must be entered:
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
All intercompany transactions must be recorded by all trading partners (SAP)/affiliates (legacy) involved in the transaction:
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