These Internet Exercises were created to expand your use of the web for research and analysis. These Exercises are not taken from the text, but are additional activities for your exploration. You can complete these activities here online, and e-mail your answers to your instructors.

Exercise 12-1 International Business Activity

Arthur Andersen was never interested in creating “just another accounting firm.” Rather he created a worldwide organization, bent on looking at business as an opportunity and creating value where others did not see it. You can visit the firm Arthur Andersen founded at www.arthurandersen.com .
  1. When was the Arthur Andersen office established in Athens Greece?

  2. Where is the Arthur Anderson branch office in Greece?

  3. What services does Andersen offer in the two Greek offices?

  4. To find the currency used in Greece before the Euro, go to www.xe.net/currency . What was the currency used?

  5. If you converted $500.00 U.S. Dollars into Greek currency, how much would you have in Greek currency? Use the foreign currency converter to answer this question?

  6. If you converted your $500.00 U.S. Dollars into Euros, how many Euros would you have? Again, use the foreign currency converter.





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