All of the Following Statements About Multinational Companies Are True

Multiple Choice

All of the following statements about multinational companies are true EXCEPT:

A) Management accountants in multinational companies need to budget in different currencies.
B) Multinational companies earn revenues and incur expenses in one currency.
C) Management accountants in multinational companies need to budget for foreign exchange rates.
D) Besides currency issues,multinational companies need to understand the political,legal and,in particular,economic environments of the different countries in which they operate.