Essay Questions
Answer the following 5 questions. Must be 150-200 words each. APA format with references.
1. Differentiate between transaction and translation risks. Explain how these risks affect firms and investors.
2. Describe the product life cycle as a useful tool for managing products after they have been introduced to foreign markets.
3. Explain how financial statement analysis can be used to evaluate a company's financial situation.
4. Describe the most important reports produced by the accounting information system.
5. Discuss the sources of funds to finance international trade and investment.