Which of the Following Statements Is NOT True Concerning Reasons

question 54

Multiple Choice

Which of the following statements is NOT true concerning reasons for analyzing foreign financial statements?

• A)It is important to determine the financial stability of foreign suppliers.
• B)The stock returns of foreign corporations are nearly perfectly correlated with returns on U.S.stocks.
• C)In a global economy, managers may use foreign competitors as benchmarks for evaluating performance.
• D)Managers should determine the financial health of foreign customers before extending credit.

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Definitions:

Alphabetic

Pertaining to the arrangement of letters in the standard order of the alphabet.

Callbacks

Requests to return for a further interview, audition, or phone call.

Specified Intervals

Distinct periods or spans of time that are defined or determined for a particular purpose or activity.

Chronologic

Pertaining to the arrangement of events in the order of their occurrence in time.