Visits by top executives to overseas affiliates or subsidiaries is a common form of ________.
A. cultural control
B. external control
C. indirect control
D. direct control
Answer: D
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Disadvantages of using the retrospective application method do not include which of the following?
A) Numbers must be changed on previously released financial statements. B) The cost of determining the effect of the change may be greater than the benefits obtained from the increase in comparability. C) It has possible impacts on contractual arrangements. D) All financial statements consistently apply the same revenue recognition principles.
Use the following information to answer the question below. When Calvert Corporation was formed on January 1, 2010, the corporate charter provided for 50,000 shares of $20 par value common stock. The following transactions were among those engaged in by the corporation during its first month of operation: 1 . The corporation issued 200 shares of stock to its lawyer in full payment of the $5,000
bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency. 2 . The company issued 8,000 shares of stock at a price of $25 per share. 3 . The company issued 7,000 shares of stock in exchange for equipment that had a fair market value of $160,000. The entry to record transaction 3 would be: a. Equipment 140,000 Common Stock 140,000 b. Common Stock 140,000 Equipment 140,000 c. Equipment 160,000 Common Stock 160,000 d. Equipment 160,000 Common Stock 140,000 Additional Paid-in Capital 20,000
Elizabeth wants to avoid monotony and add spark to her business messages. What should she do?
A) Include at least one compound-complex sentence per paragraph. B) Start each paragraph with a question to generate interest. C) Avoid short sentences (four to six words) because they sound choppy. D) Use a variety of sentence types.
Marketing researchers should assess the costs and benefits of conducting research as they define objectives and research needs. What are key benefits and costs?
What will be an ideal response?