FIN 488 EXAM –REAL ESTATE DEVELOPMENT AND INVESTMENT Correctly Solved 100% Pass

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The valuation of an MNC should decline when an event causes the expected cash flows from foreign subsidiaries to ____ and when the foreign currencies denominating these cash flows are expected to __... __. ANS- d. decrease; depreciate The agency costs of an MNC are likely to be higher if it ANS- a. scatters its subsidiaries across many foreign countries. The Sarbanes-Oxley Act caused corporate governance of MNCs to _________; it makes executives ____ accountable for verifying financial statements. ANS- a. improve; more [Show More]

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