All of the following statements relating to accounting for international operations are true except:
A. Foreign exchange gains or losses can occur when accounting for international sales transactions.
B. Gains and losses from foreign exchange transactions are accumulated in the Foreign Exchange Gain (or Loss) account.
C. The balance in the Foreign Exchange Gain (or Loss) account is reported on the income statement.
D. Foreign exchange gains or losses can occur when accounting for international purchases transactions.
E. Gains and losses from foreign exchange transactions are accumulated in the Fair Value Adjustment Account and are reported on the balance sheet.
Answer: E
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A negative value of z indicates that
A. the number of standard deviations of an observation is to the right of the mean. B. the number of standard deviations of an observation is to the left of the mean. C. a mistake has been made in computations, since z cannot be negative. D. the data has a negative mean.
An organic farmer has identified three distinct groups who might be interested in his products: vegetarians, people who are concerned about chemicals in their foods, and people who consider themselves innovators and trendsetters
These three groups are examples of ________. A) marketing mixes B) market segments C) product mixes D) mass markets E) market positions
Compare the recommendations of the studies conducted by the Scottish social work professionals and the Center for Creative Leadership Studies on the needs of leaders and human service organizations in the coming century. Are there common themes? Explain.
What will be an ideal response?
In the context of the duty of fair representation, which of the following statements is true?
A. An employee cannot recover damages from a union even if the union has breached its duty of fair representation. B. Unions are not allowed to represent nonunion members. C. If a union decides in good faith and in a nonarbitrary manner that a grievance is not meritorious, a breach of fair representation does not exist. D. An individual employee cannot present a grievance to the employer without the aid of a union.