________ were once the most common type of nontransaction deposit

A) Checking accounts
B) Time deposits
C) Savings accounts
D) none of the above

C

Business

You might also like to view...

A firm would be compelled to seek global integration when it has to ________

A) adjust to cultural differences B) cater to local customer needs C) capitalize on converging consumer trends and universal needs D) accommodate differences in distribution channels

Business

The decision-making process for a company's reinvestment choices is often different from those for new investment choices because ________

A) internal rate of return and other financial measurement criteria are more difficult to compile and analyze on existing operations, given currency translation distortions B) failure to support an existing investment may jeopardize the firm's operations and competitiveness in that country C) most of the net value of foreign investment comes from new international capital transfers rather than from reinvestment of earnings abroad D) corporate management feels that country managers are best able to make divestment decisions

Business