The Recognized Methods for Consolidating the Financial Reports of an MNC

question 5

Multiple Choice

The recognized methods for consolidating the financial reports of an MNC are

• A)short/long term method,current/future method,flexible/inflexible method,and economic/noneconomic method.
• B)current/noncurrent method,monetary/nonmonetary method,short/long term method,and current/future method.
• C)current/noncurrent method,monetary/nonmonetary method,temporal method,and current rate method.
• D)temporal method,current rate method,flexible/inflexible method,and economic/noneconomic method.

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Definitions:

Savings

Money that is put aside for future use rather than spent immediately.

Suburban Lifestyle

A way of living that typically involves residing in outlying residential areas of cities, often characterized by single-family homes and emphasis on community and family life.

Home Ownership

The state of having legal right and control over a residential property.

APC

The average propensity to consume, which is the proportion of income that is spent on consumption rather than saved.