Which of the following methods of financing would be used if the exporting and importing parties had a strong, long-standing relationship?

A) documentary credit (letter of credit)
B) documentary collection
C) cash in advance
D) sales on open account
E) bank draft


D

Business

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In auditing equity accounts, the auditor primarily focuses on which of the following two assertions?

a. Valuation and completeness. b. Valuation and existence. c. Presentation and disclosure and valuation. d. Presentation and disclosure and completeness.

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What is a product line?

a. Common product architecture b. Multiple variations of a product which adhere to the same design and are modified to suit different market niches c. The technology and workflow within a company d. The organization of the R&D team

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In expressing thanks or responding to goodwill messages, ____________________ notes are most impressive

Fill in the blank(s) with correct word

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IRR should not be used to choose between mutually exclusive projects

Indicate whether the statement is true or false

Business