Which of the following is not considered a long-term obligation?
A) Contributed capital.
B) Deferred income taxes.
C) Capital lease.
D) Pension liabilities.
A
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Ad hoc is a Latin word, meaning ________
A) out of chaos B) from one, many C) by that very act D) with respect to a specific purpose E) and the rest
Which of the following is true with respect to negotiations in foreign cultures?
A) Different cultural expectations can cause miscommunication. B) It is sometimes advisable to become antagonistic during negotiations. C) Business rituals are largely the same across cultures. D) German buyers are unlikely to look you in the eye. E) In China, negotiations are less straightforward than in Japan.
All of the following statements relating to accounting for international operations are true except:
A. The balance in the Foreign Exchange Gain (or Loss) account is reported on the income statement. B. Gains and losses from foreign exchange transactions are accumulated in the Foreign Exchange Gain (or Loss) account. C. Foreign exchange gains or losses can occur when accounting for international sales transactions. D. Foreign exchange gains or losses can occur when accounting for international purchases transactions. E. Gains and losses from foreign exchange transactions are accumulated in the Fair Value Adjustment Account and are reported on the balance sheet.
Sights Unseen, Inc, (SUI) sells telescopes with distinctively designed lenses and mirrors. Later, without SUI's permission, Telescopes Etc. Corporation begins to sell scopes with identical structures of lenses and mirrors. This is most likely
a. copyright infringement. b. patent infringement. c. trademark infringement. d. notinfringement.