ABSTRACT
Internationalization, and Multinationalization ...........................................282 16.4 Currency Flow and Multiple Currency Definitions ...................................283 16.5 Time Value of Money .................................................................................286 16.6 Risk Management .......................................................................................287 16.7 Asset Revaluation .......................................................................................288 16.8 Political, Legal, and Business Implications ...............................................289 16.9 The Problems of Multicurrency Multinationalization................................290 16.10 Functional Computerized Solutions for Modernized E-Commerce ..........291 16.11 The Monetary Paradigm for M18N Multicurrency ...................................293 16.12 Enhancement to Double-Entry Methods ....................................................294 16.13 Conclusion ..................................................................................................294
Corporate historians and financial executives are revisionists by nature; they spin their foreign-currency and risk blunders into grandiose accomplishments. However, the truth is available online through the Security and Exchange Commission (SEC) EDGAR (www.edgar.gov) archives. The 10-K, 10-Q, and annual report
