A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.
A. franchising agreement
B. joint venture
C. foreign subsidiary
D. brokering agreement
Answer: B
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Communication is
A. speaking or writing so that another is able to comprehend the meaning. B. interpretation of messages sent via any media. C. the combined activities of speaking and listening. D. the transfer of information and understanding from one person to another. E. a process involving only the sender, message, and receiver.
implementation of mindful meditation programs is estimated to increase employee productivity each year by ______.
A. $6,000 per employee B. $5,000 per employee C. $2,000 per employee D. $3,000 per employee
When an enterprise increases its interest in an investment in equity securities accounted for by the fair value method, and changes to the equity method, what is the initial carrying value for purposes of subsequent application of the equity method?
a. Book value at the date of the change b. Original cost plus or minus the net market value change since acquisition c. Market value at the date of the change d. The amount that would be reflected in the investment account had the equity method been in use continually since the purchase of the securities
If the direct write-off method of accounting for uncollectible receivables is used, what general ledger account is credited to write off a customer's account as uncollectible?
A) Uncollectible Accounts Expense B) Accounts Receivable C) Allowance for Doubtful Accounts D) Interest Expense