The purchase of land with cash would be disclosed on the statement of cash flows
Indicate whether the statement is true or false
True
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McDonald's, Philips Electronics, 3M International and many other similar well known global corporations are operating in Central and Eastern Europe. Some countries in the region are still recovering from decades of command economies
What makes the region so attractive for global business corporations?
Answer the following statements true (T) or false (F)
1. Evaluated receipts settlement (ERS) compresses the payment approval process into a single step. 2. Evaluated receipts settlement (ERS) is a streamlined process that bypasses paper documents altogether. 3. Electronic data interchange (EDI) allows a retailer's computers to communicate with the computers of suppliers. 4. Cash in the bank is more liquid than a petty cash fund.
An effective global pricing strategy can be easily established by setting the same prices in every market around the world.
Answer the following statement true (T) or false (F)
Which of the following is a decision-making approach a person uses when the negative impact of making the wrong decision is so high that he or she chooses that alternative that guarantees at least the minimum payoff?
a. maximax criterion b. Laplace criterion c. maximin criterion d. minimax regret criterion