The proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility is known as _____.

A. Transnational growth
B. Global standardization strategy
C. Subsidiary initiative
D. Opportunity pursuit


Answer: C

Business

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Earnings per share is an important disclosure because

A) it provides information relevant to the common shareholders. B) net income disclosed in the financial statements can fluctuate based upon management's intentions. C) it forces common and preferred shareholders to read the financial statements. D) it uses net income.

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Which of the following explains market development funding?

A) offering money to subsidiaries B) offering below-market interest rates C) offering discounts on products that are on the introduction stage of the product life cycle D) offering money to help the channel members sell its products

Business

Valid evidence obtained in an audit for testing the cutoff of gross sales includes receiving reports for returned merchandise

a. True b. False Indicate whether the statement is true or false

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The ________ is a statistic that assumes that the variable has a symmetric bell-shaped distribution and the mean is known, and the population variance is estimated from the sample

A) a statistic B) p statistic C) t statistic D) z statistic E) bell statistic

Business