Hedging is the process of avoiding or covering a foreign exchange risk.
a. True
b. False
a. True
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Which of the following is a disadvantage of using the historical cost-plus approach to arrive at a selling price?
A) It does not include the shipping and ancillary charges as part of a product's cost. B) It ignores demand and competitive conditions in the target markets. C) It fails to address the indirect manufacturing costs that a company is likely to incur. D) It cannot be used by companies that are new to exporting products.
Matthew is a training and development manager who has been asked by the Rotary Club to speak at one of their meetings about trends in corporate training. However, since he is currently conducting an important staff development program, his schedule is very busy and he must refuse the invitation. What would be the best way to end his message declining the request?
a. Again, I am very flattered by your request. b. I apologize that I am so busy right now, but perhaps early next year I can speak to your group. c. I'll call you if I have a change in schedule that would accommodate your timeframe. d. My associate, David Freel, has extensive experience and would enjoy speaking to your group. Please feel free to contact him at 469-8000.
On December 1, 2017, Going Places, Inc sold machinery to a customer for $22,000
The customer could not pay at the time of sale but agreed to pay 10 months later and signed an 10-month note at 9% interest. What was the total amount of cash collected by Going Places on the maturity of the note? (Round your answer to the nearest dollar.) A) $23,980 B) $23,650 C) $20,350 D) $1,650
If a cost must be arbitrarily allocated in order to be assigned to a particular segment, then that cost should be considered a common cost.
Answer the following statement true (T) or false (F)