When considering the risk of a foreign investment, a higher risk might arise from exchange rate risk and political risk while lower risk might result from international diversification.
Answer the following statement true (T) or false (F)
True
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Which of the following describes the risk assessment component of internal control?
A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate. B) Risk assessment is the "tone at the top" of the business. C) A company must identify its risks and take necessary steps to minimize them. D) Risk assessment is designed to ensure that the business's goals are achieved.
Irrelevant costs
A) do not differ among alternatives. B) can be avoided by a business. C) are the same as opportunity costs. D) are costs that will be incurred in the future.
Activities necessary to remain in business are called valuable activities
Indicate whether the statement is true or false
Plaintiffs might turn to long-arm statutes when they are seeking to obtain jurisdiction over a defendant who has minimum contacts within jurisdiction
Indicate whether the statement is true or false