Which of the Following Is Not Included in Export-Related Costs

question 5

Multiple Choice

Which of the following is not included in export-related costs?

• A)The cost of modifying the product for foreign markets
• B)Operational costs of the export operation
• C)Costs incurred in entering the foreign market
• D)The cost of modifying marketing communications

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Definitions:

Accounts Payable

Money owed by a business to its suppliers or vendors for goods and services purchased on credit.

Operating Activities

Activities that relate to the principal revenue-producing activities of an entity and other activities that are not investing or financing activities.

Accounts Receivable

Debts owed by clients to a company for products or services that have been provided but remain unpaid.

Indirect Method

A way of calculating cash flows from operating activities in the statement of cash flows by adjusting net income for changes in balance sheet items.