Vermont Co

question 17

Multiple Choice

Vermont Co. has one foreign subsidiary. Its translation exposure is directly affected by each of the following, except:

• A) the interest rate in the country of the subsidiary.
• B) proportion of business conducted by the subsidiary.
• C) its accounting method.
• D) the exchange rate movements of the subsidiary's currency.

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Definitions:

Consciousness

The state of being awake and aware of one's surroundings, thoughts, and experiences.

Focused Attention

The mental process of concentrating on one aspect of the environment while ignoring other stimuli.

Hypnosis

A social interaction in which one person (the hypnotist) suggests to another (the subject) that certain perceptions, feelings, thoughts, or behaviors will spontaneously occur.

Organizational Change

The process through which a company or any kind of organization changes its structure, strategies, operational methods, technologies, or organizational culture.