For global corporations with facilities in a foreign country, the devaluation of that country’s currency frequently results in ______.

a. lower revenues and profits
b. decline in product demand
c. loss of market share
d. increase in lead time


a. lower revenues and profits

Business

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Insurance policies can only be sold by direct agents of an insurer

Indicate whether the statement is true or false

Business

Match each of the following terms a through j with the appropriate definitions 1 through 10.(a) Cost object(b) Activity(c) Facility-level activities(d) Activity-based costing(e) Batch level activities(f) Activity-based management(g) Pool rate(h) Activity cost driver(i) Value-added activities(j) Cost pool_____ (1) Actions which add value to a product._____ (2) Actions which cause costs to be incurred._____ (3) A collection of costs that are related to the same or similar activity._____ (4) An outgrowth of ABC that uses the link between activities and costs._____ (5) The target of a cost assignment._____ (6) Activities performed only on groups of units._____ (7) Factor that drives cost._____ (8) An allocation rate used to assign overhead costs to cost objects._____ (9) A cost allocation

method that focuses on activities performed. _____(10) Activities performed to sustain facility capacity as a whole. What will be an ideal response?

Business

Which of the following statements regarding the Emergency Unemployment Compensation (EUC) program is true?

A) EUC benefits are limited to individuals who have exhausted regular state benefits and have annual incomes below the federal poverty level. B) EUC benefits are funded entirely by the federal government. C) EUC benefits are limited to employees who have lost their job because of a labor dispute. D) EUC benefits are available on a case-by-case based and awarded at the discretion of the Secretary of Labor.

Business

To preserve the value of a distressed firm, it is generally important for the firm to continue operating throughout Chapter 11 proceedings

Generally, the firm's current management is allowed to run the firm during the proceedings under a restrictive arrangement called a. the value-preservation dictum. b. debtor-in-possession. c. managerial discretion. d. trustee assignment.

Business