Back-to-back LC contracts can be handled in Oracle FLEXCUBE. Which statement is true about a back-to-back LC? (Choose th
Posted: Sun Jun 11, 2023 3:58 pm
Back-to-back LC contracts can be handled in Oracle FLEXCUBE. Which statement is true about a back-to-back LC? (Choose the best answer.)
A. An export LC can be linked to only one import LC.
B. All active and authorized export LCs are available for linkage, irrespective of different counter parties.
C. Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.
D. it is possible to enable the back-to-back flag only for an export LC.
A. An export LC can be linked to only one import LC.
B. All active and authorized export LCs are available for linkage, irrespective of different counter parties.
C. Amendment, cancellation, or close of an export LC that is linked to an import LC is not possible.
D. it is possible to enable the back-to-back flag only for an export LC.