________ is a belief that one worldwide approach to doing business is the key to both efficiency and effectiveness.
A. Worldwide indifference
B. International complacency
C. Globalization imperative
D. Cross-cultural contentment
Answer: C
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A _____ is a price reduction offered to a consumer, an industrial user, or a marketing intermediary in return for prompt payment of a bill.
A. cash discount B. quantity discount C. functional discount D. seasonal discount
Tampa Corporation's balance sheet showed the following amounts for their liabilities and stockholders' equity accounts: Current Liabilities, $20,000; Bonds Payable, $60,000; Lease Obligations, $12,000; and Deferred Income Taxes, $2,000 . Total stockholders' equity was $42,000 . The debt-to-equity ratio is
a. 0.45 b. 0.58 c. 1.76 d. 2.24
Rancor, Inc had a per-unit conversion cost of $2.50 during April and incurred direct materials cost of $100,000, direct labor costs of $75,000, and overhead costs of $45,000 during the month. How many units did they manufacture during the month?
A) 70,000 B) 18,000 C) 48,000 D) 30,000
Extraordinary items are both unusual and infrequent in nature
Indicate whether the statement is true or false