Current accounts receivables are receivables that are expected to be collected within

A) one year or the current financing cycle, whichever is longer.
B) one year or the current financing cycle, whichever is shorter.
C) one year or the current operating cycle, whichever is longer.
D) one year or the current operating cycle, whichever is shorter.


C

Business

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Airbud Corporation, a U.S. firm, signs a contract with Bueno Computadores Ltd., an Argentinean firm, for a shipment and payment for Airbud’s goods. This is

A. a distribution agreement. B. indirect exporting. C. direct exporting. D. licensing.

Business

Which statement is not true about standardization?

A) The standardized scale will have a mean of zero and a standard deviation of 1. B) Standardization allows the researcher to compare variables that have been measured using different types of scales. C) Standardization is the process of correcting data to reduce them to the same scale by subtracting the sample mean and dividing by the standard error. D) Standardization is the process of correcting data to reduce them to the same scale by subtracting the sample mean and dividing by the standard deviation.

Business

When a company discounts a note receivable at the bank, it has a contingent liability

Indicate whether the statement is true or false

Business

Upward accountability means being accountable to ______.

A. staff B. clients C. donors D. board members

Business