A(n) ____ will, for a commission or fee, arrange the sale of a company's products to foreign intermediaries.
A. export-import merchant
B. international bank
C. joint venture
D. export-import agent
E. trading broker
Answer: D
You might also like to view...
Concerning the covering of exchange market risks, assuming that a depreciation of the domestic currency is anticipated, one can say that there is an incentive for
a. exporters to rush to cover their future needs. b. importers to rush to cover their future needs. c. both exporters and importers to rush to cover their future needs. d. neither exporters nor importers to rush to cover their future needs.
Ahlheim Corporation has two production departments, Forming and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Forming Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: FormingAssemblyMachine-hours 16,000 15,000Direct labor-hours 2,000 6,000Total fixed manufacturing overhead cost$102,400$55,200Variable manufacturing overhead per machine-hour$2.30 Variable manufacturing overhead per direct labor-hour $4.50During the current month the company started and finished Job T924. The following data were recorded for
this job:Job T924:FormingAssemblyMachine-hours 70 20Direct labor-hours 30 40Direct materials$870$385Direct labor cost$630$840The estimated total manufacturing overhead for the Assembly Department is closest to: A. $27,000 B. $47,700 C. $82,200 D. $55,200
Which of the following qualitative characteristics of financial information requires that information NOT be biased in favor of one group of users to the detriment of others?
a. Relevance b. Reliability c. Verifiability d. Neutrality
In the United States, younger workers are:
A. Significantly less likely to belong to a union than older workers. B. Significantly more likely to belong to a union than older workers. C. Slightly less likely to belong to a union than older workers. D. As likely as older workers to belong to a union.