Which of the following is not a long-term liability account with a high risk of material misstatement?
a. Warranty reserves.
b. Pension obligations.
c. Other postemployment benefits.
d. Marketable securities.
d
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For a cash flow hedge, a company would not recognize in its financial statements any change in the value of the financial instrument being hedged
Indicate whether the statement is true or false
Research has shown that CEOs strongly believed (1) an international orientation should be an important part of college business education; (2) international business skills and knowledge were important not merely for promotion to senior executive positions but also for appointment to entry-level positions, and across a broad array of functional as well as cross-functional areas; and (3) the importance indicated in the preceding points was magnified for companies that anticipated _______ importance of international activities in the next five years.
Fill in the blank(s) with the appropriate word(s).
Requiring that records be held by an individual or business subject to review by the
agency is called reporting. a. True b. False
When a business has plants located in several foreign countries without ties to any specific nation or region, it is called a(n)
A. multinational enterprise. B. joint venture. C. exporting business. D. licensing firm. E. none of these answer choices.