One of the Following Statements Is True About Sales to Foreign

question 38

Multiple Choice

One of the following statements is true about sales to foreign customers -

• A) you must accept the default exchange rate in the sales journal
• B) GST and PST are not charged on the sale
• C) all amounts are displayed in the home currency
• D) separate revenue accounts are needed for foreign sales

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Definitions:

Punishment

A method of correcting or disciplining an individual through the imposition of unpleasant or adverse consequences for undesired behavior.

OB Mod

Organizational Behavior Modification, a strategy aimed at improving employee performance through behavioral techniques.

Productivity

The efficiency at which inputs (such as labor and capital) are converted into outputs (goods or services).

Communication Problems

Issues that arise in the transmission of information that can lead to misunderstandings, conflicts, and errors in decision-making.