Randall is a U.S. citizen sent by a U.S. company to work abroad. Randall is a(n)

a. expatriate.
b. international manager.
c. host-country national.
d. third-country national.


Ans: a. expatriate.

Business

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Morgan, Inc. uses a perpetual inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $20,200 was made on credit, 2/10, n/30. The journal entry to record this purchase is:

A.

Purchases20,200? 
  Accounts Payable 20,200?

B.
Purchases19,796? 
  Accounts Payable 19,796?

C.
Merchandise Inventory19,796? 
  Accounts Payable 19,796?

D.
Accounts Payable20,200? 
  Merchandise Inventory 20,200?

E.
Merchandise Inventory20,200? 
  Accounts Payable 20,200?

Business

______ in survey questions can result from poor item translation, complex wording, and culture- specific phrasing.

A. Sampling B. Nonequivalence C. Quantitative method D. Cross-cultural equivalence

Business

Organizational change refers to a fundamental and radical reorientation in the way the organization operates

Indicate whether the statement is true or false

Business

If events A and B have nonzero probabilities, then they can be both independent and mutually exclusive

Indicate whether the statement is true or false

Business