Which of the Following Is Not One of the Three

question 29

Multiple Choice

Which of the following is not one of the three kinds of organizational governance used by global companies?

• A) centralized
• B) decentralized
• C) coordinated
• D) localized

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Definitions:

Temporal Method

An accounting method used to convert the financial statements of a foreign subsidiary to the parent company's currency, using exchange rates that change over time.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of the company’s profits.

Historical Rate

A foreign exchange rate used to evaluate assets or liabilities, denoting the rate at a specific past date.