A "secret reserve" will be created if

a. inadequate depreciation is charged to income.
b. a capital expenditure is charged to expense.
c. liabilities are understated.
d. stockholders' equity is overstated.


Answer: b. a capital expenditure is charged to expense.

Business

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Multilateral trade negotiations have led to

a. continued liberalization of trade and investment. b. increased protectionism. c. higher tariffs. d. more expensive financing.

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Which of the following statements is true of a polycentric company?

A) Its orientation is based on a belief in home-country superiority. B) Its marketing management is decentralized. C) It's generally referred to as a domestic company. D) It views foreign operations as being secondary to domestic operations.

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Identify the three components of the American Marketing Association Statement of Ethics.

What will be an ideal response?

Business

What is the paradoxical dilemma organization leaders face if they want to take advantage of a diverse work environment?

*a. Diversity can raise both conflict and creativity at the same time. b. Diversity can be good for profitability but there's no money to implement. c. Diversity emphasizes differences making people overlook similarities. d. Diversity is appreciated in the subordinate ranks but not in the leadership ranks.

Business