At the ______ stage of the cycle of adjustment to the foreign environment, the expatriate can function in the new culture almost as well as at home.
A. mastery
B. adjustment
C. honeymoon
D. culture shock
A. mastery
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Clarion Corp invested cash in a 6-month certificate of deposit (CD) on November 1, 2016 . If Clarion Corp has an accounting period that ends on December 31, 2016, when should Clarion recognize interest revenue from the CD?
a. On December 31, 2016 only b. On May 1, 2017 only c. Both December 31, 2016 and May 31, 2017 d. On the date when its income tax return is filed
In a socially responsible firm, employees perform all of the following except:
A) conduct business in an ethical manner. B) pursue goals and policies that are in society's best interest. C) use moral principles as guidelines. D) distinguish between right and wrong. E) develop their own core ideologies.
Efficiency ratios are measures of
A) financial flexibility. B) liquidity. C) operating capability. D) leverage.
Riverboat Adventures pays $310,000 plus $15,000 in closing costs to buy out a competitor. The real estate consists of land appraised at $35,000, a building appraised at $105,000, and paddleboats appraised at $210,000. Compute the cost that should be allocated to the land.
A. $140,000. B. $97,500. C. $32,500. D. $93,000. E. $31,000.