Which of the following is NOT a typical characteristic of a fronting loan made to an international subsidiary?
A) The parent makes a deposit equal to the size of the desired loan into a large commercial bank.
B) The bank lends to the subsidiary firm an amount equal to the parent deposit at a slightly higher interest rate.
C) The lending bank is located in the subsidiary's country.
D) All of the above are typical characteristics of a fronting loan.
Answer: C
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Stockton Co received advance payments from customers during 2017 of $6,000 . At December 31, 2016, $1,300 of the advance payments still had not been earned. After the adjustments are recorded and posted at December 31, 2016, what will the balances be in the Unearned Book Revenue and Book Revenue accounts? Unearned Book Revenue Book Revenue
a. $1,300 $6,000 b. $1,300 $4,700 c. $6,000 $1,300 d. None of these choices
The expected length of time a customer will remain active is known as:
A) win-back rate. B) survival rate. C) lifetime duration. D) retention rate.
Cost accounting differs from financial accounting in that financial accounting:
a. Is mostly concerned with external financial reporting. b. Is mostly concerned with individual departments of the company. c. Provides the additional information required for special reports to management. d. Puts more emphasis on future operations.
In conjoint analysis, ________ are the values assumed by the attributes
A) relative importance weights B) orthogonal arrays C) part-worth functions D) attribute levels