Chapter 6
Chapter 7
Chapter 8
Chapter 10
AOM/ELAN
100
This refers to connections or tight, close-knit networks and can be considered an important feature of Chinese business culture.
What is guanxi?
100
The price to buy a foreign currency.
What is a foreign exchange rate?
100
Assets and liabilities whose amounts are fixed in terms of units of currency by contract or otherwise.
What are monetary?
100
Investing in several corporate stocks that have different characteristics.
What is diversification?
100
This was the key to the Confederate economy and the South's largest export (AOM).
What is cotton?
200
A unique aspect of business in this country is cross-corporate ownership (mutual holding of equity interests among companies).
What is Japan?
200
Currency value is allowed to move freely with little government intervention.
What is independent float?
200
The currency of the primary economic environment in which the subsidiary operates.
What is functional currency?
200
A database of reports filed electronically with the US SEC.
What is EDGAR?
200
Elan is located in this country.
What is Ireland?
300
The limited liability company is the main form of business organization in this country.
What is the United Kingdom?
300
The accounting principles for transactions involving foreign currencies are codified in ____________________.
What is FASB ASC 830?
300
If the foreign-currency-denominated subsidiary financial statements are already in the functional currency, but not the parent's currency, then the financial information must be translated into the parent's currency using the_________________.
What is Current Rate approach?
300
A major limitation of using ______________ for analyzing foreign financial statements is that the excluded items may be important for evaluation.
What is EBITDA?
300
This family established itself as the dominant players in the international London bond market.
Who are the Rothschilds?
400
Society is characterized by low individualism, high masculinity, large power distance, and strong uncertainty avoidance.
What is Mexico?
400
The chance that an exporter will receive less or that the importer will pay more than anticipated as a result of a change in the exchange rate.
What is foreign exchange risk?
400
Under the Current Rate and Temporal Approaches, dividends are translated at the exchange rate in effect at the ____________________________.
What is declaration date?
400
Lack of information about accounting methods used, operating segments, and interim financial results is a problem of _________________.
What is disclosure?
400
After the creation of credit by banks, the birth of the _________ was the second great revolution in the ascent of money.
What is bond?
500
The relationship between financial accounting and taxation in Germany is explained by the _______________ ___________, which states that financial statements are the basis of taxation.
What is the authoritative principle?
500
Under US GAAP, this method is required to account for foreign currency transactions.
What is two-transaction perspective?
500
Under the Current Rate method, what exchange rate should be used for Cost of Goods Sold?
What is the average rate during the year?
500
A form issued by the Securities and Exchange Commission (SEC) that must be submitted by all "foreign private issuers" that have listed equity shares on exchanges in the United States.
What is Form 20-F?
500
Elan was purchased by this company in 2013.
What is Perrigo?
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