IMPROVED FINANCIAL SYSTEM COMMUNICATIONS ABILITIES HAVE

65. Improved financial system communications abilities have: a. Increased the amount that firms pay to transfer funds between accounts because improved communications has increased the number of transfers that mncs make. b. Not affected MNC bank transactions. c. Reduced the importance of considering transaction costs when determining the cash balance that an MNC should have. d. Encouraged mncs to depend more on short-term financing and less on holding cash balances.