Which of the Following Is True of a Multinational Corporation

question 14

Multiple Choice

Which of the following is true of a multinational corporation?

• A) A multinational corporation operates exclusively in its home country and hires employees from multiple nations.
• B) A multinational corporation is a private company that sells its stock to the public.
• C) A multinational corporation refers to a firm that exports products to one or more countries.
• D) A multinational corporation has operations in more than one country.
• E) A multinational corporation operates in multiple locations within a single nation.

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Definitions:

Physical Inventory

A process where a business physically counts its entire inventory to ensure the accuracy of its records and control its stock levels.

End of the Period

Refers to the conclusion of a reporting timeframe in accounting, such as the end of a fiscal quarter or year, when various calculations and adjustments are made.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.

Period's Expenses

Costs incurred by a business during a specific period of time, such as a month or year, in the course of its operations.