Which intercultural training approach includes a comparison of values and behaviors of people in the home country and the host country?
a. information or fact-oriented training
b. attribution training
c. cultural awareness approach
d. interaction approach
D
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Button Transportation purchases many pieces of office furniture with an individual cost below $200 each. Button chooses to account for these expenditures as expenses when acquired rather than reporting them as property, plant, and equipment on its balance sheet. The company's accountant and independent CPA agree that no accounting principle has been violated. What accounting justification allows
Button to expense the furniture? a. Conservatism b. Matching c. Materiality d. Verifiability
Polaris Corporation has made an agreement to ship goods to a foreign firm with whom they have not entered into a contract for three years. However, the firms have communicated regularly since the last sale three years ago
This is an example of an: A) unaffiliated known party transaction. B) unaffiliated unknown party transaction. C) affiliated party transaction. D) none of the above
A corporation in the United States that has been incorporated in another country is referred to as a(n) ________ corporation.
A. foreign B. domestic C. onshore D. alien
Select the correct statement regarding relevant costs and revenues.
A. Only variable costs are relevant for decision making. B. Sunk costs are relevant for decision-making purposes. C. Relevant costs are frequently called unavoidable costs. D. Direct labor is an example of a unit-level cost.