Generally Speaking,the Opportunity Recognition Process Consists of Two Phases of Activity.They

question 26

Multiple Choice

Generally speaking,the opportunity recognition process consists of two phases of activity.They are ______________ and _____________.

• A) global search; recycling profits
• B) value creation; affordability
• C) discovery; evaluation
• D) global search; valuation

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Definitions:

Translation Rate

The exchange rate used to convert the financial statements of a foreign subsidiary to the reporting currency of the parent company.

Functional Currency

The primary currency of the primary economic environment in which an entity operates, used in preparing its financial statements.

Dividends

Distributions by a company to its shareholders, consisting of a share of the company's profits.

Historical Rates

The exchange rates from past periods used for translating transactions in foreign currencies or financial statements of foreign operations.