An important thing to remember about foreign exchange rate determination is that parity conditions, asset approach, and balance of payments approaches are ________ theories rather than ________ theories
A) competing; complementary
B) competing; contemporary
C) complementary; contiguous
D) complementary; competing
Answer: D
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FIFO results in the least amount of income before taxes, assuming a period of rising prices
a. True b. False Indicate whether the statement is true or false
Which of the following statements about a company's operating cycle is not true:
A. For a merchandiser selling products, the operating cycle is the time span between paying suppliers for merchandise and receiving cash from customers. B. The operating cycle is the time span from when cash is used to acquire goods and services until cash is received from the sale of goods and services. C. Non-current items are those expected to come due within one year or the company's operating cycle. D. Most operating cycles are less than one year. E. The length of a company's operating cycle depends on its activities.
Many countries base their court systems on those of former rulers. For example, the Spanish ruled many South American countries; therefore, the court system is based on code or civil law. This would be identified in the ________ section of a global market research report.
A. history, geography B. economic C. cultural, societal D. business environment E. political, legal
Which of the following is true of resignation messages??
A) ?They should use harshly worded statements. B) ?They should close on a negative note. C) ?They are written inductively. D) ?They are appropriate instruments for telling managers how a business should be operated.