Which of the Following Has Been Observed in the Developing

question 12

Multiple Choice

Which of the following has been observed in the developing countries during 1990-2012?

• A)The dispersion in the growth rates of the developing countries has been negligible during 1990-2012.
• B)The East Asian countries like South Korea, Singapore, and Taiwan reported negative growth rates.
• C)Countries like China and Vietnam reported positive but very low growth rates.
• D)Several of the countries in Eastern Europe and Central Asia that were making a transition from centrally planning to market-based economy reported a decline in the per capita income.

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Definitions:

Transfer Price

The price at which goods and services are sold between divisions within the same company or between controlled or related entities.

Direct Materials

Raw materials that are directly attributable to the product being manufactured and are a significant component of its cost.

Variable Manufacturing Overhead

Costs of manufacturing that vary with the level of production, such as utilities for the production facility and raw materials.

Cash Conversion Cycle

A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.