One Disadvantage of an Acquisition Is That You May Not

question 83

True/False

One disadvantage of an acquisition is that you may not acquire knowledge about foreign markets that would help build a competitive advantage.

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Definitions:

Cash Payment

Cash Payment involves the transfer of cash from one party to another as a form of settlement of a transaction or an obligation.

Voucher

A document that acts as evidence of a financial transaction, authorizing payment or receipt of money.

Accounts Payable

Financial obligations or debts owed by a business to its suppliers or creditors for goods and services received.

Cash Payments Journal

An accounting journal used to record all cash payments, including expenses and creditor payments.