__________ are groups of countries who form an association for the purpose of facilitating movement of goods across national borders.
A. Outsourcing
B. Trade blocs
C. Expatriates
D. Parochialism
E. Onshoring
B. Trade blocs
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Which situation indicates an internal control risk in the General Ledger/Financial Reporting Systems (GL/FRS)?
a. the employee who maintains the cash journal computes depreciation expense b. the cash receipts journal voucher is approved by the Treasurer c. the cash receipts journal vouchers are prenumbered and stored in a locked safe d. the employee who maintains the cash receipts journal records transactions in the accounts receivable subsidiary ledger
Journalizing eliminates fraud
Indicate whether the statement is true or false
Which of the following is true of corporate bylaws?
A) They only contain rules on how the corporation can deal with the government. B) They are only adopted by the shareholders of the corporation. C) They are not binding on the directors, or shareholders of the corporation. D) They do not have to be filed with any government official.
In general, a project's cash flows will fall into one of three categories. What are these categories?
What will be an ideal response?