Kagemusha, Inc., is a Japanese multi-national with operations in 23 countries around the world. It is Kagemusha’s policy to staff all the key positions in the company’s foreign operations with Japanese managers. What is Kagemusha’s staffing policy?
A. ethnocentric
B. global
C. polycentric
D. geocentric
E. transnational
Ans: A. ethnocentric
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A. a qualified opinion cannot be given because the auditor is not qualified to do so. B. an immaterial misstatement is present. C. the statements taken as a whole do not fairly present the financial condition and results of operations of the company. D. the auditor encounters adverse attitudes toward the auditor on the part of company management.
A retail firm would normally use an inventory account titled
A) finished goods inventory B) merchandise inventory C) goods in process inventory D) raw materials inventory
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A. $10,000 B. $5,000 C. $2,000 D. $1,000
The document prepared by the vendor that is an itemized statement of goods listing the customer's name, items sold, sales prices, and terms of the sale is the ________.
What will be an ideal response?