Under IFRS, firms that use bank overdrafts repayable on demand as part of their normal cash management activities must include those overdrafts as part of financing activities.
Answer the following statement true (T) or false (F)
False
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Joseph consistently looks for errors to correct and corrects them. Joseph is demonstrating which of the following types of leadership in the full-range model of leadership?
A. Management-by-exception, active B. Management-by-exception, passive C. Laissez-faire D. Contingent reward
Which of the following is true of the statement of cash flows?
A) It indicates when long-term debt will mature. B) It reports on the qualitative behavior of the company's performance. C) It covers a span of time and is dated the same as the income statement. D) It shows how the profits or losses of the company were generated.
Match each term with the correct statement below.
a. global business b. embargo c. exchange rate d. trading bloc e. exchange controls f. global market g. trade surplus h. trade deficit 1. Performance of business activities across national boundaries. 2. The entire world is considered to be a potential consumer of a firm’s products or services. 3. The rate at which one country’s currency can be exchanged for that of another country. 4. Restictions on the amount of a certain curency that can be bought or solpd in a nation. 5. An organization formed to facilitate the movement of products among member nations through the creation of common economic policies. 6. A total ban on specific imports and exports from and to a country. 7. An excess of trade that occurs when a country’s aggregate imports of goods and services from foreign countries are less than its aggregate esports. 8. When a country’s aggregate imports of goods and services from foreign countries exceed its aggegate exports.
NAFTA increased U.S. investment in Mexico because
A. the United States wanted to create job openings for low-skilled labor in the United States. B. Mexico has been witnessing a gradual increase in transportation costs. C. the United States wanted to provide only high-skilled labor opportunities for Americans. D. Mexico's infrastructure is better than that of the United States. E. Mexico has substantially lower labor costs for low-skilled employees.