Abt hedging interest rate risk

Hi Peter:
I am confused abt the interest rate futures.I think it is the same as forward rate agreements excecpt that futures are standardized size and it is traded in future market instead of in over the counter. I saw one statement from BPP revision kit that says FRA are more appropriate than interest rate futures for non-financial companies. Why? Could you please give us a numerical example of this derivative?

Another question is that I can’t tell the difference beween netting and matching receipts with payments. the way i see it is that netting is all about dealing with one person who is both a creditor as well as a debtor of our company. am i correct?

Many thanks