Describe the four staffing strategies of multinational organizations that involve the use of expatriates.
What will be an ideal response?
Polycentric: local foreign managers only.
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Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $148,500, allowance for doubtful accounts of $1105 (credit) and sales of $1,145,000. If uncollectible accounts are estimated to be 0.700% of sales, what is the amount of the bad debts expense adjusting entry?
A. $8215 B. $8015 C. $8140 D. $6910 E. $9120
Under the Treaty Clause, ________ is seen as the agent of the United States in dealing with foreign countries
A) the Secretariat B) the president C) the United Nations D) the deputy secretary
Marie is the bookkeeper for the Buildco Construction Company. She makes out the payroll; prepares all of the payroll checks and reconciles the bank statements for the firm. She decides to increase her income by padding the payroll; accordingly, she makes out a check in the name of someone who does not exist. She then indorses the check with the payee's name and her name and cashes the check
herself at First Bank where the company has its account. Under the fictitious payee rule, Buildco and not the bank will be liable for this check. a. True b. False Indicate whether the statement is true or false
Which of the following is not one of the EU institutions?
a. The Council of the European Union b. The Executive Committee of the European Union. c. The Commission of the European Union. d. The Court of Justice of the European Union.