Critics of globalization believe that:
A. the main winners of globalization are the low-wage workers.
B. the offshoring of business services jobs to lower-wage countries inherently creates greater opportunities at home.
C. when production moves to countries to take advantage of less-regulated environments, an upward pressure is created on wages and working conditions.
D. growing trade deficits and slow wage growth are damaging economies.
Answer: D
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A company purchased a delivery van on October 1 of the current year at a cost of $40,000. The van is expected to last six years and has a salvage value of $2,200. The company's annual accounting period ends on December 31.1. What is the depreciation expense for the current year, assuming the straight-line method is used?2. What is the book value of the van at the end of the first year?
What will be an ideal response?
Knowledge of foreign languages
A. is of academic but not business value. B. is useless if you know English. C. requires too much work to be worth the effort. D. can be of great assistance in making sales abroad.
The Internal Revenue Service approves only IRAs that provide a reliable and safe fund for retirement savings
Indicate whether the statement is true or false.
Which of the following guidelines applies to writing the title of a contract?
a. It should be written in general terms, like "Memorandum of Agreement.". b. It should be written like a sentence, with only the first letter capitalized. c. It should be brief with no more than five words. d. It should be descriptive of the agreement, and typed in all capital letters.