What is meant by the term “functional currency”?
a. The functional currency is the currency of the parent corporation.
b. The functional currency is the currency of the country in which the foreign subsidiary is located.
c. The functional currency is the currency of the parent’s primary economic environment where cash is primarily received and spent.
d. The functional currency is the currency of the subsidiary’s primary economic environment where cash is primarily received and spent.
ANSWER: D
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Which of the following statements about listening is most accurate?
A) Listening is a hard skill that can determine hiring and career success. B) Three quarters of high-quality communication involves listening. C) Everyone knows how to listen because listening is an automatic response to noise. D) Listening skills become less important as one moves up the career ladder.
What is the difference between power and persuasion? Which type of leader do you think achieves the best results: the leader who relies on power tactics or the leader who relies more on persuasion?
What will be an ideal response?
Managerial accounting can be used to calculate costs for service and merchandising companies
Indicate whether the statement is true or false
Explain how to calculate your taxable income, and how to determine the need for a tax payment or refund
What will be an ideal response?