Exchange rates will not usually directly affect the cash flows of the parent entity in which of the following cases?

a. The foreign entity operates in a currency other than its own

b. The foreign entity operates in its local currency.
c. The foreign entity functions in a currency other than its local currency.
d. The foreign entity functions in the parent's currency.

b

Business

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If the benefits obtained from a Voluntary Employees Beneficiary Association are transferred to a family member then the family member has to pay the appropriate amount of income tax for the benefits

Indicate whether the statement is true or false

Business

A FRAME element does not contain

(a) The layout of the FRAMESET. (b) The name of the FRAME. (c) The name of the file that loads into the frame. (d) The SRC attribute.

Business