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TC

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Carmine Inc. is an American mining company operating in Keharus, a country in Eastern Europe. Recently, the government of Keharus has passed a policy that restricts foreign direct investment. Consequently, the operations of Carmine Inc. is adversely affected. Given this information, it can be said that Carmine Inc. is subjected to _____ in Keharus.

A) reputational risk
B) valuation risk
C) political risk
D) settlement risk

On Jul 11, 2024


C
TC

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Which of the following statements is correct?

A) If the functional currency of the foreign operation is different than the parent's functional currency, dividends must be translated using closing rates.
B) If the functional currency of the foreign operation is different than the parent's functional currency, dividends must be translated using average rates.
C) If the functional currency of the foreign operation is different than the parent's functional currency, dividends must be translated using historical rates.
D) If the functional currency of the foreign operation is the same as the parent's functional currency, dividends must be translated using average rates.

On Jul 10, 2024


C
TC

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____ is often called the father of capitalism.

A) Karl Marx
B) George Washington
C) Benjamin Franklin
D) Alan Greenspan
E) Adam Smith

On Jun 11, 2024


E
TC

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Which sentence is correct?​

A) ​After a romantic marriage proposal, the couple took a limousine back to the city.
B) ​After a romantic marriage proposal, a limousine took the couple back to the city.

On Jun 10, 2024


A
TC

Answered

When the transfer of an instrument breaches a ________ associated with the instrument, warranty liability results.

A) clause
B) warranty
C) time limit
D) primary liability
E) secondary liability

On May 12, 2024


B
TC

Answered

North American organizations have consistently failed to recognize the role of physical fitness in stress reduction and coping.

On May 11, 2024


False