Any restructuring of operations that ____ the difference between a foreign currency's inflows and outflows may ____ economic exposure.

a. reduces; increase
b. increases; reduce
c. reduces; reduce
d. A and B
e. none of the above

c. reduces; reduce

Business

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A proxy vote means

A) filling out a voting form and having a representative turn it in for you. B) requesting that your vote be deferred until a later date. C) giving a representative the right to vote in your place. D) none of the above.

Business

A Motor Pool Internal Service Fund purchased ten new vehicles for their fleet inventory. The fund entered into a capital lease. The capitalizable cost totaled $300,000 and there was a $50,000 down payment

The entry to record the transaction in the Internal Service Fund would be dr cr a. Vehicles $300,000 Expenditures 50,000 Other Financing Source – Capital Lease $300,000 Cash 50,000 b. Expenditures $300,000 Other Financing Source – Capital Lease $250,000 Cash 50,000 c. Vehicles $300,000 Other Financing Sources – Capital Lease $250,000 Cash 50,000 d. Vehicles $300,000 Capital Lease Payable $250,000 Cash 50,000 e. Vehicles $250,000 Expenditures 50,000 Capital Lease Payable $250,000 Cash 50,000

Business