A payment of an expense in advance is called a prepaid expense.
a. true
b. false
Answer: a. true
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Indicate whether the statement is true or false
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a. Processing time/Total time b. Good units/Total time c. Good units/Processing time d. Total units/Total time
What factors influence the subsidiaries’ relationship with headquarters?
a) Trust between these entities b) Extent that foreign affiliate identifies with the parent organization c) Communication between these entities d) All of the above
Part of the U.S. Government's huge deficit is financed by foreign countries, such as China, which is
a savings surplus unit. Indicate whether the statement is true or false