Team cohesiveness is more likely to emerge naturally in a(n) ________ culture.
A) collectivistic
B) individualistic
C) uncertainty avoiding
D) uncertainty accepting
Question 2
Using the same exchange rate to set the budget and monitor results ________.
A) allows management to focus on operating variances instead of exchange-rate variances
B) enables management to focus on both operating and exchange-rate variances
C) is an illegal reporting method according to the FASB
D) is the only method that can be used in Europe
Question 3
An exchange rate variance results from ________.
A) setting the budget at the actual exchange rate at that time and final performance at the rate used when the budget was set
B) translating the budget and actual performance at the forecasted exchange rate
C) translating the budget at the projected exchange rate and final results at the actual exchange rate
D) translating the budget using the current-rate method and actual results at the new current-rate method
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