AT&T and Sovintel,a Russian Telephone Company,joined Forces to Offer High-Speed

question 50

Multiple Choice

AT&T and Sovintel,a Russian telephone company,joined forces to offer high-speed ISDN services for digitized voices,data,and video communications between the two countries.By working together,the telecommunications companies could reach more businesses than either could do alone.The relationship between AT&T and Sovintel is an example of a: 

• A) transactional relationship.
• B) relational subsidy.
• C) strategic alliance.
• D) functional relationship.

---

Definitions:

Equivalent Units

A concept used in cost accounting to express the amount of work done on partially completed goods in terms of fully completed units.

Manufacturing Overhead

Costs, other than direct materials and direct labor costs, that are incurred in the manufacturing process.

Factory Overhead

encompasses all indirect costs associated with manufacturing operations, including utilities, maintenance, and factory manager salaries.

Administrative Expenses

Expenses related to the general operation of a business, such as salaries of executive officers and costs of general services.