A Short-Term Financial Decision Based on an MNC Management's Expectation

Multiple Choice

A short-term financial decision based on an MNC management's expectation that the local foreigncurrency will appreciate may be

A) decreasing local notes receivable and decreasing accruals.
B) increasing local customers' accounts receivable and increasing local notes payable.
C) increasing local inventories and increasing local notes payable.
D) increasing local accounts receivable and decreasing local accounts payable.