An MNC Expects to Sell Fixed Assets It Utilizes in the US

question 11

Multiple Choice

An MNC expects to sell fixed assets it utilizes in the US in the distant future. In order to hedge the sale of these assets in the distant future, the MNC could create a(n) ____ that ____ the expected value of the assets in the future.

• A) asset; matches
• B) asset; exceeds
• C) liability; matches
• D) liability; is less than

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Definitions:

Willfully Omitted

Intentionally left out or excluded, often referring to information or actions that should have been included or taken.

Securities Registration

The process of registering securities with the appropriate regulatory authority, making the details of the security public and adhering to regulations before they can be sold to investors.

Working Papers

Working Papers refer to documents, notes, and other materials created or used by auditors, accountants, or lawyers during the course of their professional activities.

Performing an Audit

The process of examining an organization's financial records to ensure accuracy and compliance with accounting standards and regulations.