How does global sourcing differ from sourcing from domestic suppliers?
What will be an ideal response?
There are a variety of challenges associated with global sourcing that are not present for domestic sourcing. For example, the costs of supplier identification and evaluation can be much higher for foreign suppliers. Foreign transactions can also be much more complicated.
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Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August 216 units were purchased at $7 per unit.August 1821 units were purchased at $9 per unit.August 2918 units were sold.What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.)
A. $146.52 B. $130.00 C. $301.00 D. $132.50 E. $189.00
Which of the following is not true regarding Accounting Series Release No. 4?
a. It stated that financial statements filed with the SEC and prepared in accordance with accounting principles for which there is no substantial authoritative support would be presumed to be misleading. b. It implied that the SEC might in the future determine acceptable accounting practices and mandate methods to be used in reports filed with it. c. It established an authoritative body for the development of accounting standards. d. It indicated that the SEC was growing impatient with the accounting profession.
The communication apprehension that affects a person’s ability to communicate with others across a variety of situations is known as ______.
A. State-based B. Trait-based C. Anxiety-based D. Fear-based
Public relations people still consider print media important because they still typically use more material presented to them than do network or cable TV
Indicate whether the statement is true or false