You have just been assigned to the overseas office. Describe characteristics that you will need to have to be successful.
What will be an ideal response?
To succeed overseas, expatriates (employees on foreign assignments) need to be
1. Competent in their areas of expertise
2. Able to communicate verbally and nonverbally in the host country
3. Flexible, tolerant of ambiguity, and sensitive to cultural differences
4. Motivated to succeed, able to enjoy the challenge of working in other countries, and willing to learn about the host country's culture, language, and customs
5. Supported by their families
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Which of the following statements regarding Accounts Payable is incorrect?
A) The Accounts Payable account is decreased with a credit. B) Accounts payable occur because the business receives the goods or services before payment has been made. C) Because accounts payable are typically due in 30 days, they are current liabilities. D) Accounts payable represent debts owed to creditors.
The financial statements measure precisely the financial condition and results of operations of a business
Indicate whether the statement is true or false
Virginia and Dan each own investment realty that they would like to trade. Virginia's property is subject to mortgage debt of $2,000 and has a net of mortgage value of $6,000. Dan's property is subject to mortgage debt of $30,000 and has a net of mortgage value of $5,000. Virginia and Dan agree to exchange properties and assume each other's debt. Dan pays Virginia $1,000 cash, and the exchange is completed. What is the gross selling price of Virginia's property?
A. $2,000 B. $6,000 C. $8,000 D. $5,000 E. $35,000
The federal agency responsible for enforcing the provisions of the Occupational Safety and Health Act is the:
a. Occupational Safety and Health Administration. b. Safe Workplace Administration. c. Health in the Workplace Administration. d. Federal Employment Oversight Administration.