Which One of the Following Statements Reflects Globalization as According

question 7

Multiple Choice

Which one of the following statements reflects globalization as according to chapter 15 of your textbook?

• A)Globalization is marked by the integration of deregulated markets with technology.
• B)Globalization is facilitated by telecommunication and ease of transport.
• C)Globalization helps organizations to enter new markets,exploit technological advantages,and reduce business costs and risks.
• D)all of these

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Definitions:

Certificates of Deposit

Time-bound deposit offered by banks that pays interest to the depositor, with withdrawal of funds before maturity generally incurring penalties.

Internal Control

A process designed to ensure the reliability of financial reporting, effectiveness and efficiency of operations, and compliance with applicable laws and regulations.

Petty Cash Vouchers

Documents used to manage and record small, usually incidental, expenses paid out in cash from a designated petty cash fund.

Nontrade Receivables

Nontrade receivables are amounts owed to a company that are not related to the sale of goods or services, such as loans and advances given.