Even if translation exposure does not affect cash flows, it is a concern of many MNCs

a. True
b. False

a

Business

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If you decided to go into the systems contracting business, which of the following categories would constitute your main area of expertise?

A) computer applications B) database management C) manufacturing D) promotion management E) MRO (maintenance, repair, operating) supplies

Business

The total leverage measures the combined effect of operating and financial leverage on a firm's risk

Indicate whether the statement is true or false

Business