Indirect exporting implies the use of:
a. foreign sales representatives.
b. foreign distributors.
c. export trading companies and export management companies.
d. wholly owned foreign subsidiaries.
c
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Answer the following statements true (T) or false (F)
With regard to users, SFAC No. 1 established that financial statements should be aimed at a common core of similar information users.
Perpetual inventory controlling accounts and subsidiary ledgers are maintained for materials, work in process, and finished goods in cost accounting systems
Indicate whether the statement is true or false
Based on what grounds have affirmative or positive action programs been challenged in the courts?
a. That affirmative action programs contradict a countries equal rights assurances under its constitution or legislation b. That affirmative action programs are not effective means for eliminating discrimination in employment c. That affirmative action programs intended as temporary measures have outlived their usefulness d. That affirmative action programs create a new category of 'haves and have not'
In the context of the business cycle, which of the following statements is true of the period of economic contraction?
A. Consumers shift their buying patterns to more basic products. B. The dropping prices increase the sales of luxury goods and services. C. Businesses start producing more goods to support the economy. D. The economic feel-good factor brings in a lot of investment.