The international environment and global strategy of the, Ask an Expert

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The international environment and global strategy of the MNE are very influential in the budgeting process in that:

a. the value of budgets is equally accepted worldwide due to the increased flow of information about evaluation techniques

b. transfer prices can affect profitability and, therefore, performance evaluation

c. managers in countries with wide variations in inflation rates usually can predict those rate variations for budgeting purposes

d. none of the above

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942176

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