Which of the Following Statements Is Correct

question 41

Multiple Choice

Which of the following statements is correct?

• A) If an organization is self-sustaining (i.e., the functional currency of the foreign operation is different than the parent), dividends must be translated using closing rates.
• B) If an organization is self-sustaining (i.e., the functional currency of the foreign operation is different than the parent), dividends must be translated using average rates.
• C) If an organization is self-sustaining (i.e., the functional currency of the foreign operation is different than the parent), dividends must be translated using historical rates.
• D)If an organization is considered an integrated foreign subsidiary (i.e., the functional currency of the foreign operation is the same as the parent), dividends must be translated using average rates.

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Definitions:

Cultural Upbringing

The influence of the culture, traditions, and societal norms an individual is exposed to during their formative years.

Positive Psychology

A branch of psychology focused on studying and promoting well-being and happiness.

Humanistic Psychology

A psychological perspective emphasizing personal growth, self-actualization, and the inherent goodness of people.

Meaning of Life

A philosophical question concerning the significance, purpose, and value of human existence.