Bureaucratic rules designed to make it difficult for imports to enter a country are called local content requirements.
a. true
b. false
Answer: b. false
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When using the installment sales method,
a. total revenues and costs are recognized at the point of sale, but gross profit is deferred in proportion to the cash that is uncollected from the sale. b. gross profit is recognized only after the amount of cash collected exceeds the cost of the item sold. c. revenue, costs, and gross profit are recognized proportionally as the cash is received from the sale of product. d. gross profit is deferred until all cash is received, but revenues and costs are recognized in proportion to the cash collected from the sale.
A trade fair is
A. a way for specific governments (France, Germany) to claim leadership in a sector. B. an event for the exchange of marketing materials and approaches among members of an industry. C. a more promotion-focused activity than a trade mission, that often results in sales. D. an industry-wide holiday.
Identify the responsibilities of project managers
What will be an ideal response?
The named insured leaves a suitcase filled with clothing on the seat of his unattended, unlocked automobile. The loss is valued at $900 replacement cost and a depreciated value of $700. The HO-3 contract has a $200 deductible on Section I
How much will the HO-3 contract pay for this loss? A) $0 (because the clothing was in an automobile) B) $700 C) $500 D) $0 (because the automobile was unlocked)