Author Question: British MNEs are more likely to use the forecast exchange rate to set the budget. Indicate ... (Read 37 times)

nramada

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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


stano32

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Answer to Question 1

TRUE

Answer to Question 2

FALSE



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