An expropriation, or nationalization, occurs when a government seizes foreign-owned property or assets for a public purpose and pays the owner just compensation for what is taken

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following contingencies is usually accrued?

A) risk of loss from fire B) expected proceeds from insurance settlement C) bad debts D) discovery of possible mineral reserves on company property

Business

Which of the following accounts should be debited in a journal entry?

A) Accounts Receivable, when it has been decreased. B) Dividends, when it has been increased. C) Wages Payable, when it has been increased. D) All of these choices.

Business

Which of the following is true of product development teams??

A) ?They primarily deal with improving existing products. B) ?They are usually cross-functional in nature. C) They consist of members from a single department.? D) ?They are also known as task forces.

Business

Wastage occurs if higher price buyers have to be turned away because the capacity has already been committed to lower price buyers

Indicate whether the statement is true or false.

Business