According to the Text

question 45

Multiple Choice

According to the text:

• A) banks in the U.S. are prohibited from facilitating cash transfers for MNCs.
• B) banks in most non-U.S. countries are more advanced than the U.S. in facilitating cash transfers for MNCs.
• C) an MNC with subsidiaries in several different countries has no problems in coordinating its cash transfers since a uniform global banking system exists.
• D) none of the above

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Definitions:

Table Datasheet View

A data presentation style in database software that arranges information in a grid of rows and columns, akin to a spreadsheet layout.

Currency Field

A specialized field in databases or spreadsheets formatted to display and calculate financial data in the currency format.

Total Row

A row in a spreadsheet or database table that automatically calculates and displays the sum or another statistical measure of data in columns.

Average

A statistical measure that represents the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.