________ specify the low-level detailed actions that must be taken by specific employees
A) Procedures
B) Processes
C) Both A and B
D) Neither A nor B
Answer: A
Business
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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.
Business