A maker of cash registers had to develop hand-crank-operated cash registers to sell to Latin American and African countries where electricity is a luxury. The company used a ________ strategy to enter those global markets
A) product adaptation
B) standardization
C) straight extension
D) backward invention
E) nationalization
D
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Changes in the value of availableforsale securities
a. are reported as part of stockholders' equity b. are recognized on the income statement c. are not recognized d. are recognized on the income statement and as part of stockholders' equity
Which of the following accounting principles or conventions is contradictory to the GAAP requirement to expense R&D costs immediately?
A) historical cost principle B) comparability C) conservatism D) matching principle
Which of the following statements associated with traditional overhead allocation is true?
A) A traditional overhead allocation method is the most accurate in automated environments with diverse products. B) A traditional overhead allocation method can also be referred to as activity-based costing. C) A traditional overhead allocation method provides the most accurate product cost information. D) A traditional overhead allocation method usually uses one or two volume-based cost drivers.
Answer the following statement(s) true (T) or false (F)
1. Companies prefer expatriates without previous international experience in order to help their employees learn more about the company. 2. You are an American citizen working in America for a German company. You are an example of a third-country national. 3. Onshoring is the process of shuttering operations in other countries and bringing work back to the home country to increase employment there. 4. Preparing employees for expatriate assignments will primarily be done through cross-cultural training. 5. Culture shock does not affect the success of an international assignment.