International Financial Management 13th Edition Test Bank

International Financial Management 13th Edition Test Bank is a must-have study companion, ensuring that you grasp important topics with ease.

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Chapter01:MultinationalFinancialManagement:AnOverview1.ThecommonlyacceptedgoalofanMNCisto:a.maximizeshort-termearnings.b.maximizeshareholderwealth.c.minimizerisk.d.AandC.e.maximizeinternationalsales.ANSWER:bDIFFICULTY:EasyLEARNINGOBJECTIVES:INFM.MADU.15.01.01NATIONALSTANDARDS:UnitedStates-BUSPROG.INFM.MADU.15.03STATESTANDARDS:UnitedStates-OH-DISC.INFM.MADU.15.02KEYWORDS:Bloom's:Knowledge2.Withregardtocorporategoals,anMNCismostlyconcernedwithmaximizing____,andapurelydomesticfirmismostlyconcernedwithmaximizing____.a.shareholderwealth;short-termearningsb.shareholderwealth;shareholderwealthc.short-termearnings;salesvolumed.short-termearnings;shareholderwealthANSWER:bDIFFICULTY:EasyLEARNINGOBJECTIVES:INFM.MADU.15.01.01NATIONALSTANDARDS:UnitedStates-BUSPROG.INFM.MADU.15.03STATESTANDARDS:UnitedStates-OH-DISC.INFM.MADU.15.02KEYWORDS:Bloom's:Knowledge3.ForanMNC,agencycostsaretypically:a.nonexistentb.largerthanagencycostsofasmallpurelydomesticfirm.c.smallerthanagencycostsofasmallpurelydomesticfirm.d.thesameasagencycostsofasmallpurelydomesticfirm.ANSWER:bDIFFICULTY:EasyLEARNINGOBJECTIVES:INFM.MADU.15.01.01NATIONALSTANDARDS:UnitedStates-BUSPROG.INFM.MADU.15.03STATESTANDARDS:UnitedStates-OH-DISC.INFM.MADU.15.02KEYWORDS:Bloom's:Knowledge

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