Which of the following is not one of the six guidelines or economic factors provided by SFAS No. 52 for determining the functional currency?
a. Sales price indicators
b. Interest rate indicators
c. Expense indicators
d. Intercompany transactions and arrangements
ANSWER: B
Business
You might also like to view...
Assume the following sales data for a company: Current year $1,025,000 Preceding year 820,000 What is the percentage increase in sales from the preceding year to the current year?
a. 100% b. 25% c. 125% d. 75%
Business
Information enables marketers to identify consumer needs and wants
Indicate whether the statement is true or false
Business
By referring to a new employee as "young and energetic," what kind of bias is being used?
A) Gender bias B) Age bias C) Racial bias D) Disability bias E) Ethnicity bias
Business
What are fraud audits and why have they become more common?
Business