An FI can hold assets denominated in a foreign country, but it cannot issue foreign liabilities.

Which of the following intangible assets should not be amortized?

a. Copyrights b. Customer lists c. Perpetual franchises d. All of these intangible assets should be amortized.

Which of the following statements about social media's impact on business is NOT true?

A) Social media helps people start and fund new businesses. B) It is critical for companies to keep watch on the messages and information being spread about their products in cyberspace. C) Companies that are well situated with a strong social media presence can use that to head off potential technical problems that might turn into public disaster. D) It is important to use social media for marketing, but it cannot be used as an avenue for more specific business decision making. E) Many businesses have created a position identified as social media manager or social media marketing specialist.