This topic contains a solution. Click here to go to the answer

Author Question: The basic procedure of posting from a revenue journal is to make all postings at the end of the ... (Read 84 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
The basic procedure of posting from a revenue journal is to make all postings at the end of the month.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Which of the following is a reason why budgets in multinational companies are not used to evaluate the firm's performance relative to its budgets?
 
  A) Evaluations based on budgets can be meaningless due to factors such as exchange rate risk and other volatility.
  B) Evaluations based on budgets are not possible because of cultural differences in the budgeting approach.
  C) Evaluations based on relative regional performance are considered more meaningful as compared to evaluations against budgets.
  D) Evaluations based on budgets are harder when managers use sophisticated techniques to minimize foreign currency exposure.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

False

Answer to Question 2

Answer: A




EY67

  • Member
  • Posts: 531
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library