As a result of globalization, international businesses can avoid the haggle of currency exchanges during cross-border transactions

Indicate whether the statement is true or false.

FALSE
Cross-border transactions also require that money be converted from the firm's home currency into a foreign currency and vice versa. Because currency exchange rates vary in response to changing economic conditions, managers in an international business must develop policies for dealing with exchange rate movements.

Business

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The researchers found that the longer the donor list was, the ore likely those solicited would be to donate to the cause as well. This example represents liking principle of persuasion by Dr. Cialdini

a. true b. false

Business

Which of the following statements is correct regarding disclosure of working papers prepared by a CPA related to tax practice?

A. Working papers may not be transferred to another accountant without the client's permission. B. Working papers may not be turned over to a CPA quality review team without the client's permission. C. Working papers may not be disclosed under a federal court subpoena without the client's permission. D. Working papers may not be disclosed to any third parties without the client's permission.

Business