Which of the Following Is an Indication That the Functional

question 40

Multiple Choice

Which of the following is an indication that the functional currency of a foreign subsidiary is not the Canadian dollar?

• A) Only goods imported from the parent are sold by the subsidiary.
• B) The parent dictates the subsidiary's operating procedures.
• C) Cash to pay obligations is generated by local operations or borrowed from local lenders.
• D)Intercompany transactions account for a high proportion of the subsidiary's overall activities.

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Definitions:

Circulation

The movement of substances such as blood or air within a system, such as the circulatory system in an organism or the atmosphere in the case of air.

Memory

The mental function that enables individuals to retain information and recall experiences and knowledge.

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Alcohol Use

Alcohol use refers to the consumption of beverages that contain ethyl alcohol, which can range from moderate drinking to sustaining alcohol dependency or abuse.