In shipping products across international borders a __________________ may be required that states the country in which the products were manufactured.
(a) Commercial invoice
(b) Bill of lading
(c) Certificate of origin
(d) Shipper’s export declaration
(e) Consular invoice
(c) Certificate of origin
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A company with $50,000 in current assets, $25,000 in quick assets, and $30,000 in current liabilities makes a payment of a $1,500 current debt. As a result of this transaction, the current ratio and quick ratio will
a. both decrease. b. increase and decrease, respectively. c. both increase. d. remain the same and decrease, respectively.
Backdating is:
a. deliberately changing stock options for the purpose of securing extra pay for management. b. banks providing favorable loans to companies in return for the opportunity to make money from other transactions and fees. c. using insider information to profit from stock trading. d. using "bucket" accounts rather than recording cost of goods sold.
Gene Keller, long-time vice president of human resources at VST Corporation, is helping one of his peers, the vice president of marketing, develop information for a potentially game-changing business opportunity-a major program for a worldwide manufacturer. To be considered for this opportunity, VST must demonstrate its ability to staff the program immediately upon award. To estimate VST's ________ labor supply, Gene uses his human resources information system (HRIS) to generate data regarding turnover, terminations, retirements, promotions, and transfers.
A. external B. past C. internal D. future E. marketing
Moncrief Corporation bases its budgets on machine-hours. The company's static planning budget for July appears below: Budgeted number of machine-hours 1,000 Supplies (@ $8.60 per machine-hour)$8,600Power (@ $8.80 per machine-hour) 8,800Salaries 11,300Equipment depreciation 9,900Total$38,600?Actual results for the month were: Actual number of machine-hours 1,200Supplies$10,290Power$10,860Salaries$11,690Equipment depreciation$9,990?The spending variance for power costs in the flexible budget performance report for the month should be:
A. $300 F B. $2,060 U C. $300 U D. $2,060 F