Multinational firms often use currency forward contracts and currency options to hedge foreign exchange rate risk

Indicate whether this statement is true or false.


Answer: TRUE

Business

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What is check tampering?

Business

A company has provided a sales budget for the next four months (January, February, March, and April). It bases its production budget on the sales budget, and has a policy that each month's ending inventory of finished product must be equal to 25% of the following month's sales needs. The direct materials purchases budget is based on the production budget. The company's policy for each month's

ending inventory of raw materials is that they must be equal to 10% of the following month's production needs for raw materials. Given this information, the company can prepare direct materials purchases budgets for how many months? A) one B) two C) three D) four E) five

Business

Construction mortgages always have priority over mechanics' liens in beginning construction states

Indicate whether the statement is true or false

Business

The European Union's declaration of workers' rights is known as the ________ which outlines standards for freedom of movement, working conditions, vocational training, freedom of association and collective bargaining and participation rights for workers.

What will be an ideal response?

Business