Cross-border flows of corporate investments such as purchasing or establishing foreign subsidiaries and joint ventures is called:
A. International trade
B. Foreign direct investment
C. International investment
D. Indirect foreign investment
B. Foreign direct investment
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Which of the following statements is TRUE of the budgeting process?
A) If a company carefully plans for its future, there will be no need to make modifications during the budget period. B) It is a continuous process that encourages communication. C) It shows the actual performance of the business. D) Managers and employees are motivated to accept the budget's goals because they enjoy having their work monitored and evaluated.
A product that has entered the decline stage could most likely be cycled back to the growth or maturity stage through ________
A) promotion or repositioning B) concept testing C) business analysis D) a penetration strategy E) a skimming strategy
In preparing a bank reconciliation, the amount indicated by a debit memo for bank service charges is added to the balance per company's records
Indicate whether the statement is true or false
Which order paper when indorsed becomes a bearer paper?
A) unqualified indorsement B) blank indorsement C) special indorsement D) special qualified indorsement