As stated in the text, the four Cs (character, capability, charisma, and courtesy) summarize the attributes needed to be a good financial manager.

a. true
b. false

Ans: b. false

Business

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Calculation of the amount of the equal periodic payments that would be required at the end of each year to accumulate a $20,000 fund at the end of the tenth year is most readily determined by reference to a table that shows the

A. future value of $1. B. present value of $1. C. future value of annuity of $1. D. present value of a single sum.

Business

____ is (are) not a limitation of hedging translation exposure.

a. Inaccurate stock price forecasts b. Inadequate forward contracts for some currencies c. Taxation on gains from forward contracts d. Increased transaction exposure

Business