International nonprofit organizations are called ________
A) multinational corporations
B) multinational organizations
C) multinational enterprises
D) multinational nonprofits
B
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The formula for horizontal analysis of changes since the base period is the current year amount
a. divided by the base year amount. b. minus the base year amount divided by the base year amount. c. minus the base year amount divided by the current year amount. d. plus the base year amount divided by the base year amount.
The issue of ethics in the reporting of income and the payment of taxes is a considerable one. The authors state that most MNEs operating in foreign countries tend to follow the general principle of:
A) "when in Rome, do as the Romans do." B) full disclosure to the tax authorities. C) maintain a competitive playing field by cheating as much as the local competition, no more, no less. D) none of the above