Author Question: The coding system that is most understandable by human information processors is: a. serial coding ... (Read 128 times)

mwit1967 · **on:** Jul 5, 2018

The coding system that is most understandable by human information processors is:
a. serial coding
b. hierarchical coding
c. block coding
d. mnemonic coding

Question 2

How is budgeting for a multinational corporation different than budgeting for a corporation that is strictly domestic?

What will be an ideal response?

leeeep · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

D

Answer to Question 2

Answer: Budgeting for a multinational corporation is made far more complex than budgeting for a domestic corporation because the multinational corporation often has subunits operating in many different countries, resulting in less familiar business environments and many different currencies.

Multinational corporations need to understand many different business environments with significant political, legal, and economic environments.

Multinational companies earn their revenues and incur their expenses in many different currencies, and must report their results a single currency. Additionally, management accountants in different countries need to budget for foreign exchange rates and anticipate changes that might take place during the year in the face of constantly fluctuating exchange rates.