Which of the following statements is true? - The currency values among different countries rarely...
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Accounting
Which of the following statements is true?
- The currency values among different countries rarely fluctuate.
- Cash flows of various parts of a multinational corporate system are always denominated in the same currencies.
- Institutional differences among countries can cause significant problems in coordination of subsidiaries.
- No nation places constraints on the transfer of corporate resources.
- Within similar geographic regions, different countries have uniform cultural heritages that shape values and influence the role of business in the society.
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