Which of the following is true of a branch office of a multinational corporation?
A) Branch offices cannot be setup in foreign countries.
B) Branch offices are considered separate legal entities.
C) There is no liability shield between the corporation and the branch office.
D) The corporation is not liable for the torts committed by personnel of the branch office.
C
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Which one of the following general factors would not be considered when assessing identified internal control deficiencies?
a. Control environment. b. Audit evidence from a poorly controlled system. c. Repeatability of a process. d. Complexity and subjectivity of the account balance affected by the deficiency.
The inventory turnover ratio measures the number of times the average inventory turns over or was sold during the period
Indicate whether the statement is true or false
This type of thought-sharing site typically provides the highest level of control for companies.
A. Flickr B. corporate blog C. Google+ D. personal blog E. professional blog
Fifty percent of U.S. managers either resign or are fired within 18 months of a foreign takeover.
Answer the following statement true (T) or false (F)