What formula is used to determine: By Finised Goods control A/c 31820 which numbers are used to calculate this outcome?
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What formula is used to determine:
| By Finised Goods control A/c | 31820 |
which numbers are used to calculate this outcome?
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- Discuss the financial and nonfinancial implications of: Global sourcing Holding inventory. _______ Purchasing products or materials in other nationsand bringing them into one’s own country isa. trading.b. balancing.c. exporting.d. importing.e. dumping.What term is used to describe the process of reducing foreign exchange risk? Choose the correct. A)international accounting B)exposure C)hedging D)harmonization
- What are the financial issues, export practicalities and technicalities that an exporter would need to know about to in the context of developing an export strategy?Of foreign exchange risks, what are differences between translation risk and transaction risk? Please offer a real-world example.Distinguish between the Customs Act, Customs Tariff Act, an EIPA Further, what is the purpose of the CCI, CCD, forms?
- (a) Explain the following terms which are used in the foreign exchange market:(i) Value “Tom” and value “Tod”; (ii) Direct quotation and indirect quotation.Which of the following risk responses would be most likely to be given consideration for an organization which is a trade importer and exporter? a. Reduce risk b. Avoid risk c. Share risk d. Accept riskWhat inventory costing methods are allowed under IFRS? How does this differ from the treatment under U.S. GAAP?
- Why there is a need for exporters to understand “International Commercial Documents” which directly apply to them? Support your answer with examples.What is the disadvantage of international accounting ? Select one : a . uniformity practice b . Harmonization c . Mobilising global resources d . Market riskExplain the differences between each of the following and give examples a)domestic market and foreign market b)national market and euromarkets
