A foreign subsidiary's ________ currency is the currency used in the firm's day-to-day operations

A) local
B) integrated
C) notational dollar
D) functional

Answer: D

Business

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Buyer norma Gay sales associate Julie a post dated check as a bender deposit and told Julie the check would not clear until the following week.the broker was tied up with negotiations on a large transaction, so Julie presented Normas offer and disclosed to the center that the check was postdated and would not clear until next week the center asked Julie to hold the check in the positive when the funds were available.the broker was unaware of this arrangement which statement is correct?

A. No violation occurred since Julie's property disclose the nature of the deposit, and the center allowed to check to be held subject clearance B. Julie is in violation of the law but the broker was unaware of the arrangement has no violation of the law C. Both Julie and the broker are violation of the law D. There is no violation since post dated checks cannot be deposit

Business

For a firm, bank loans can be a source of cash and interest payments to the bank can be a use of cash

Indicate whether the statement is true or false.

Business