When the possibility exists that the government of a nation may impose some form of exchange controls or tax on foreign investment, the risk is known as ________ risk
A) political
B) exchange controls
C) business risk
D) government
Answer: A
You might also like to view...
Domino's Pizza had to pull out of Italy because Italians perceived its products to be "too American."
Indicate whether the statement is true or false
Purchasing a competitor's product and taking it apart, studying the cost of the components, and packaging describes the process of:
A) outsourcing. B) reverse engineering. C) insourcing. D) horizontal integration.
In a review engagement, the accountant must make all of the following inquiries except those to:
A. Understand internal controls. B. Ascertain whether statements are in accordance with GAAP. C. Identify actions taken at stockholders' meetings. D. Identify subsequent events having a material effect on the statements.
Anton believes his company's overhead costs are driven (affected) by the number of machine hours because the production process is heavily automated. During the period, the company produced 3,000 units of Product A requiring a total of 100 machine hours and 2,000 units of Product B requiring a total of 25 machine hours. What allocation rate should be used if the company incurs overhead costs of $10,000?
A. $2 per machine hour B. $80 per unit C. $2 per unit D. $80 per machine hour