Cross-border flows of corporate investments such as purchasing or establishing foreign subsidiaries and joint ventures is called:
A. Indirect foreign investment
B. Foreign direct investment
C. International trade
D. International investment
Answer: B
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Some of the steps in the accounting cycle are listed below. Select the choice that places these steps in the correct order. 1 . Close the accounts. 2 . Post transactions to accounts in the ledger. 3 . Journalize daily transactions. 4 . Record and post adjustments. 5 . Prepare financial statements
a. 2, 3, 4, 5, 1 b. 3, 2, 4, 5, 1 c. 3, 2, 4, 1, 5 d. 3, 2, 5, 4, 1
Which of the following product categories is typically priced according to the penetration
pricing approach? A) automobiles B) consumer packaged goods C) high-end electronics D) industrial equipment
Which one of the following rights is protected by the First Amendment?
A. Print media have the right to choose what to publish and what not to publish. B. Advertisers have the right to insist that newspapers publish their paid advertisement. C. The FCC has the right to make and enforce programming policies for broadcast media. D. Public relations practitioners have the right to insist that newspapers publish their press releases. E. Children have the right to view whatever Internet content they wish, as long as they are using school computers.
The two methods used to determine equivalent units of production in process costing are
A) weighted average and FIFO B) FIFO and LIFO C) weighted average and LIFO D) weighted average and exact costing