Martin Manufacturing is an MNE that centralizes authority to implement an extensive set of rules and procedures to govern a broad range of activities. Martin Manufacturing is most likely applying a system of ________

Adjusting entries are required

A. because some costs expire with the passage of time and have not yet been journalized. B. when the company's profits are below the budget C. When expenses are recorded in the period in which they are incurred D. When revenues are recorded in the period in which they are earned

Which of the following features did Bretton Woods Agreement incorporate in the international monetary system based on the U.S. dollar?

A) floating exchange rates B) trade imbalance corrections C) an enforcement mechanism D) a strict ban on devaluation