On Which of the Following Grounds Are Multinational Corporations (MNCs)often

question 25

Multiple Choice

On which of the following grounds are multinational corporations (MNCs) often criticized by antiglobalization activists?

• A)They increase unemployment in the host country.
• B)They bring in technology that is unknown to the host country.
• C)They use capital-intensive mode of production.
• D)They are liable to pay the taxes levied by the government of the host country.
• E)They increase the gap between rich and poor nations.

---

Definitions:

Operating Expense

Expenses incurred during the normal operations of a business, such as salaries, rent, and utilities, excluding cost of goods sold.

Outgoing Merchandise

Outgoing merchandise refers to inventory that has been sold and is in the process of being shipped to the customer.

Multiple-Step

The multiple-step income statement is a detailed financial report that separates operating revenue and expenses from non-operating ones to highlight core business activities.

Single-Step

A method of preparing the income statement where all revenues are summarized together and all expenses are summarized together, with a single step to determine net income.