Which consideration would not be relevant in determining the entity’s functional currency? The currency in which receipts from operating activities are retained. The currency in which finance or fund is generated The currency that influences the cost of the entity. The currency that the most internationally acceptable for trading
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- Which consideration would not be relevant in determining the entity’s functional currency?
The currency in which receipts from operating activities are retained.
The currency in which finance or fund is generated
The currency that influences the cost of the entity.
The currency that the most internationally acceptable for trading
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Solved in 2 steps
- Examples of cash flows from financing activities include;a. proceeds from the issue of shares and other equity instrumentsO b. proceeds from loans and bondsO c.Issue of debenturesO d.Repayments of amounts borrowed.e. payments to acquire non current assets Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Repo and reverse repo trades are NOT used to options Fund purchases of bonds Earn short–term interest Implement short-selling strategies Fund import/export activitiesThe Cincinnati Water Works (CWW) serves approximately 1 million customers. Its billing system allows customer service representatives (CSRs) to retrieve information from customer accounts quickly using almost any piece of data such as customer name, address, phone number, social security number, and so on. Besides a customer’s account history, the system contains everything that was said in a call, including documentation of past problems and their resolution. An integrated voice response system provides automated phone support for bill paying and account balances, tells customers of the approximate wait time to speak to a CSR, and allows the customers to leave a message for a CSR to return a call. An information board in the department shows the number of customers waiting, the average length of time waiting, and the number of CSRs that are busy and doing post-call work. A pop-up screen provides CSRs with customer data before the phone rings so that he or she will have the customer’s…
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- Where inconsistencies in the formulae are necessary, which off the following principles and techniques can be used to maximise transparency, and to reduce the risk of misinterpretation or subsequent errors? Documentation and comments to describe the reason for such transitions The use of formatting to distinguish one type of logic from another All statements related to the principles and techniques in maximizing transparency. Cells or ranges may be protected in order to avoid such formulae being accidentally “corrected” by another user Separate the formulae into ranges.Bonds issued by corporations and exposed to default risk are classified as A. corporation bonds B. default bonds C. risk bonds D. zero risk bonds Only typed solutionThese are not graded questions as they as revision questions from my textbook
- Recommendation to mitigate risk and loss in focal foreign operation for Toyota in Malaysia No plagrisum and detailed answerGlobal, Incorporated, has received an order for 1000 widgets, with a total order value of $100 million, to be delivered to a customer in country Beta. The order was generated by Global's subsidiary in country Beta, called Global-B. Global-A, which is Global's subsidiary in country Alpha, produces the widgets and ships them to Global-B. Assume that there are no transportation or other expenses associated with moving widgets from Global-A to Global-B. Global-A incurs direct costs of $50 million for producing 1000 widgets and there are no other variable costs associated with producing and delivering these 1000 widgets to Global-B. Global-B incurs $10 million in costs associated with marketing, sales, and support of this order, and has no other variable costs attributable to this order except the amount that they pay Global-A for the widgets. Country Alpha has a corporate income tax rate of 30 percent, and country Beta has a rate of 40 percent. Global-A suggests that its selling price…Global, Incorporated, has received an order for 1000 widgets, with a total order value of $100 million, to be delivered to a customer in country Beta. The order was generated by Global's subsidiary in country Beta, called Global-B. Global-A, which is Global's subsidiary in country Alpha, produces the widgets and ships them to Global-B. Assume that there are no transportation or other expenses associated with moving widgets from Global-A to Global-B. Global-A incurs direct costs of $50 million for producing 1000 widgets and there are no other variable costs associated with producing and delivering these 1000 widgets to Global-B. Global-B incurs $10 million in costs associated with marketing, sales, and support of this order, and has no other variable costs attributable to this order except the amount that they pay Global-A for the widgets. Country Alpha has a corporate income tax rate of 30 percent, and country Beta has a rate of 40 percent. If Global-A prices widgets at a special…