All of the following are characteristic of the parent's perspective approach in capital budgeting EXCEPT that it ________
A) estimates future cash flows from the project
B) uses the subsidiary's local currency
C) forecasts forward rates
D) uses the functional currency of the parent
B
Business
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American Airlines runs a series of television commercials that show its personnel going out of their way to help customers. In addition to consumers, an important secondary audience for these ads is (are)
a) the FAA. b) airline competitors. c) bus line customers. d) American Airlines employees. e) American Airlines shareholders.
Business
When using the "you attitude," what should be emphasized?
A) The needs of the writer B) The active voice C) Tone D) The needs of the reader
Business