Generally speaking, a(n) ________ firm markets its existing products and services in other countries the same way it does in its home country.

A. multinational
B. intranational
C. meganational
D. international
E. transnational


Answer: D

Business

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An advantage of e-commerce is

A) conducting business transactions in a faster and more efficient way. B) operating at lower costs. C) cash management is improved. D) all are correct.

Business

________ are the stakeholder group with the most responsibility for deciding the goals of the organization.

A. Stockholders B. Operational-level employees C. Consultants D. Customers E. Managers

Business

On April 1, Griffith Publishing Company received $1,548 from Santa Fe, Inc. for 36-month subscriptions to several different magazines. The subscriptions started immediately. What is the amount of revenue that should be recorded by Griffith Publishing Company for the second year of the subscription assuming the company uses a calendar-year reporting period?

A. $430. B. $129. C. $0. D. $516. E. $387.

Business

Review professional auditing standards to describe the auditor’s responsibilities for examining management-generated estimates. Also, describe the techniques commonly used by auditors to evaluate the reasonableness of management’s estimates.

What will be an ideal response?

Business