The purchase of an existing business in another nation is known as a(an)
A. greenfield investment.
B. international entrepreneurship.
C. cross-border acquisition.
D. strategic alliance.
E. home country expansion.
Answer: C
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At the current year-end, Ruiz Company found that its overhead was underapplied by $2,500, and this amount was not considered material. Based on this information, Ruiz should:
A. do nothing about the $2,500, since it is not material, and it is likely that overhead will be overapplied by the same amount next year. B. close the $2,500 to Cost of Goods Sold. C. carry the $2,500 to the next period. D. close the $2,500 to Finished Goods Inventory. E. carry the $2,500 to the income statement as "Other Expense".
China today is a clear example of a nation that has chosen the following policies EXCEPT:
A) control and manage the value of its currency B) conduct an independent monetary policy C) full financial integration in an attempt to stimulate its domestic economy D) restrict the flow of capital into and out of the country
A government employee releasing personal tax information about an individual is an ethical breach
Indicate whether the statement is true or false
According to the theory of bureaucratic behavior,
A) the objective of a bureaucracy is to maximize its own welfare, meaning that it seeks additional power and prestige. B) the bureaucracy will fight vigorously to preserve its autonomy; thus, it will attempt to avoid conflict with the president and Congress. C) the bureaucracy will support legislation that gives it additional regulatory power. D) all of the above describe bureaucratic behavior.