Question
7. Which units of an MNE have which financial statements? Group of answer choices B. All units have statements of cash flows. The parent company
7. Which units of an MNE have which financial statements?
Group of answer choices
B. All units have statements of cash flows. The parent company also has a balance sheet and a currency exchange record.
D. All units have their own balance sheets, statements of income, and statements of cash flows.
A. All units have a statement of income. The parent company also has a balance sheet and a statement of cash flows.
C. Only the parent company has financial statements, unless the host countries have specific demands for them
8. What are financing cash flows in IB?
Group of answer choices
A. Cash flows relating to the funding of the firm's operations, particularly debt and equity
D. Cash flows relating to repatriating funds from foreign units
B. Cash flows resulting from the everyday activities of the firm, such as receiving payments for goods and services, and material costs
C. Cash flows resulting from government projects, such as infrastructure and military equipment
9. What has classically been considered the goal of finance management in the English speaking countries?
Group of answer choices
D. To maximize the salaries and bonuses of the management
C. To maximize profit for the shareholders
B. To minimize the expenses in the company's headquarters
A. To maximize the well-being of the people of the host country
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