200+ câu trắc nghiệm tổng hợp Tài chính công ty đa quốc gia có đáp án - Phần 2

A balance sheet hedge is the main technique for managing ……… .

Management can easily offset both translation and transaction exposure through

U.S. multinational firms must use ……… as their functional currency.

If the European subsidiary of a U.S. firm has net exposed assets of euro 500,000, and the euro drops in value from $1.40/euro to $1.30/euro the U.S. firm has a translation…….. .

If the European subsidiary of a U.S. firm has net exposed assets of euro 500,000, and the euro increases in value from $1.30/euro to $1.35/euro the U.S. firm has a translation ………. .

Under the current rate method, translation gains of losses are reported in an equity reserve account called ………. .

Under the current rate method, when management anticipates appreciation of a foreign currency it A. may move funds from cash to savings.

If the British subsidiary of a European firm has net exposed assets of £250,000, and the pound increases in value from euro 1.40/£ to euro 1.45/£, the European firm has a translation………. .

If the British subsidiary of a European firm has net exposed assets of £250,000, and the pound drops in value from euro 1.40/£ to euro 1.30/£, the European firm has a translation……….. .

As required by FASB-52, which exchange rate is required to be used to translate assets and liabilities of a foreign entity from its functional currency to the reporting currency?

Gains from forward contracts to hedge translation exposure are taxable whereas losses from hedging translation exposure are not.

Gains from forward contracts to hedge translation exposure are not taxable whereas losses from hedging translation exposure are.

Multinational enterprises always completely hedge translation exposure.

When using FASB-52, translated gains and losses due to changes in foreign currency values are usually reported as………… .

Which of the following firms would NOT bear risk caused by translation exposure?

If a European subsidiary of a U.S. firm has net exposed liabilities of euro 500,000, and the euro drops in value from $1.40/euro to $1.30/euro then the U.S. firm has a translation……….

If a European subsidiary of a U.S. firm has net exposed liabilities of euro 500,000, and the euro increases in value from $1.30/euro to $1.35/euro then the U.S. firm has a translation ……….. .

Using the table below, estimate the net exposure for Souris River Manufacturing of its’ wholling-owned Canadian subsidiary,

Souris River manufacturing (Canada) Balance Sheet December 31 200X