Why Would a U

question 38

Multiple Choice

Why would a U.S. bank open a foreign branch bank?

• A)Because this form of bank organization can allow a U.S. bank to provide a fuller range of services for its MNC customers than it can through a representative office.
• B)To avoid U.S. banking regulation on transactions routed through that foreign country.
• C)Because this form of organization allows the bank to service MNC clients at low cost and without the need of having bank personnel located in the country.
• D)both a and b

Learn methods of cost estimation, including visual fit and regression analysis.

Recognize the implications of operating outside the relevant range on cost estimates.

Understand the components and behavior of mixed costs.

Differentiate between types of costs based on their behavior (fixed, variable, semi-variable, and step costs).

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Definitions:

pH

A measurement system to determine how acidic or basic a water-based solution is, with a scale that goes from 0 (highly acidic) to 14 (highly basic).

Acetic Acid

An organic compound with the formula CH3COOH, known as the main component of vinegar apart from water, and widely used as a solubility agent and a reagent in the production of chemical compounds.

Anion

An anion is a negatively charged ion, meaning it has more electrons than protons, which is typically formed when an atom gains one or more electrons.

Acetic Acid Solution

A solution composed of acetic acid, often used in vinegar, with acidic properties resulting from the presence of acetic acid.