Which of the following statements is true of the geographic structure?
A) The geographic structure assigns operational responsibility for geographic areas of the world to the corporate headquarters.
B) The most common appearance of this structure is in companies with closely related product lines that are sold in similar end-use markets around the world.
C) The line managers of the regional centers are given responsibility for worldwide planning and control.
D) Each area of the world–including the "home" or base market–is considered organizationally different and unique.
B
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Traditional summaries appear _________________
a. as though written by an outsider b. at the end of a document c. at the beginning of a document d. separately from the original document
Which of the following documents provided by a seller represents cost?
A. bill of lading B. air waybill C. invoice D. insurance policy
Which internal control principle prescribes the use of pre-numbered printed checks?
A. Perform regular and independent reviews. B. Establish responsibilities. C. Maintain adequate records. D. Technological controls. E. Divide responsibility for related transactions.
If a firm has publicly traded debt then the yield to maturity is approximately the same as:
A) the after-tax cost of debt. B) the before-tax cost of debt. C) the 10-year Treasury bond rate. D) the WACC.