British MNEs are more likely to use the forecast exchange rate to set the budget. Indicate ...

Author Question: British MNEs are more likely to use the forecast exchange rate to set the budget. Indicate ... (Read 48 times)

nramada

Hero Member
Posts: 580

on: Jul 7, 2018

British MNEs are more likely to use the forecast exchange rate to set the budget.

Indicate whether the statement is true or false

Question 2

When using a budget for foreign operations, it is important for the parent company to select an exchange rate to set the budget and use that same rate to evaluate performance.

Indicate whether the statement is true or false

International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16^th Edition

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stano32

Sr. Member
Posts: 339

Reply #1 on: Jul 7, 2018

Answer to Question 1

TRUE

Answer to Question 2

FALSE

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