Globalization of Industries Is Occurring for All of These Reasons

question 74

Multiple Choice

Globalization of industries is occurring for all of these reasons except

• A)e- commerce and the instant transmission of money and information across continents.
• B)the emergence of global sellers.
• C)a worldwide trend toward similar consumption patterns.
• D)a worldwide trend toward different consumption patterns.
• E)the emergence of global buyers.

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Definitions:

Capital Projects Fund

A type of governmental accounting fund used to finance and track the costs of major capital improvements and constructions.

Permanent Fund

A fund established to provide a stable source of revenue for specific purposes, often funded by endowments or resources that generate interest or other income.

Agency Fund

An agency fund is a fiduciary account held by a governmental unit that contains resources received and held as an agent for others, to be expended or invested according to the principal's direction.

Plant Assets

Long-term tangible assets used in the operations of a business that are not intended for resale.