Which of the Following Procedures Would Be Necessary When a Swiss

question 40

Multiple Choice

Which of the following procedures would be necessary when a Swiss subsidiary maintains its books in euros and its functional currency is Japanese Yen and its parent is a U.S.company?

• A)​Re-measureRe-measurement from euros to U.S.Dollars
• B)​Re-measureRe-measurement from euros to Japanese Yen; translate from Yen to U.S.Dollars
• C)​Re-measureRe-measurement from Yen to euros; translate from euros to U.S.Dollars
• D)​none of the above

Recognize the variety of self-presentation strategies and when to use them.

Understand the concept of self-serving bias and its implications.

Comprehend the consequences of comparing oneself to others.

Learn the relationship between self-concept consistency across social roles and psychological adjustment.

---

Definitions:

Residual Income

The income that remains after deducting all required expenses and cost of capital from operating income.

Investment Centers

Segments within a company for which managers have responsibility over cost, revenue, and investment decisions.

Cost Center

A business segment whose manager has control over cost but has no control over revenue or investments in operating assets.

Responsibility Center

Any business segment whose manager has control over costs, revenues, or investments in operating assets.