Answer the following statement(s) true (T) or false (F)
1. Trade blocs are groups of countries who form an association for the purpose of facilitating movement of goods across national borders.
2. The global village refers to companies conducting business worldwide without boundaries.
3. The purpose of the World Trade Organization is to open trade for the benefit of all.
4. As companies begin to operate in multiple markets, HR managers should be concerned with
complying with only home-country legal requirements.
5. According to the Foreign Corrupt Practices Act, U.S.-based or U.S.-listed companies cannot bribe foreign officials in exchange for business.
1. True
2. True
3. False
4. True
5. True
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As a company seeks to establish a category membership designation, how does the company approach points-of-difference? What is done first?
What will be an ideal response?
Accrued interest earned should be accounted for at the end of the accounting period by an adjusting entry debiting Cash and crediting Interest Revenue
Indicate whether the statement is true or false
Which of the following actions could INCREASE a firm's working capital gap?
A) reduce the age of inventory B) increase the age of accounts payable C) increase the age of accounts receivable D) All actions listed would increase a firm's working capital gap.