Which of the following characterizes a national multinational enterprise?
A. It is firm organized in one country that contracts with an independent foreign firm to carry out sales or purchasing abroad.
B. It is a domestic firm that operates internationally through independent foreign agents.
C. It has a parent firm established in one country with wholly owned branches and subsidiaries in other countries.
D. It is made up of two or more parent firms from different countries that co-own operating businesses in two or more countries.
C
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The unadjusted trial balance at the end of the year includes the following: Accounts Receivable$196,000 Allowance for Doubtful Accounts 2,000 Both accounts have normal balances. The company uses the aging of accounts receivable method. Its estimate of uncollectible receivables resulting from the aging analysis equals $11,600. What is the amount of Bad Debt Expense to be recorded for the year?
A. $11,600 B. $13,600 C. $15,600 D. $9,600
Firms initially record trading securities at fair value, excluding transactions costs (which firms expense as they incur them)
Indicate whether the statement is true or false
Which of the following is NOT an effective way to revise and proofread your message?
a. Proofread the messages as many times as necessary until you cannot see any additional ways to improve it. b. Allow someone else to read your message to judge its content, style, and accuracy. c. Look for receiver-centeredness in your message as part of the revising process. d. All of the above are appropriate advice.
Research indicates that consumers are willing to pay more for a product that they believe to be ethically produced
a. True b. False Indicate whether the statement is true or false