Which of the Following Statements Is TRUE Regarding the 2011

question 119

Multiple Choice

Which of the following statements is TRUE regarding the 2011 Thoku earthquake and tsunami?

• A) It devastated eastern sections of Japan.
• B) Some manufacturers around the globe had been relying exclusively on suppliers located in the affected zones.
• C) Japanese-built vehicle outputs for Toyota and Honda were down more than 60% in the month following the disaster.
• D) Manufacturers in several industries worldwide took 6 months or longer before they saw their supply chains working normally again.
• E) All of these are true.

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Definitions:

Credits

Accounting entries that increase liabilities or equity or decrease assets, reflecting the sources of funding or income.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check the accuracy of financial recordings.

Journal Entries

Records of financial transactions entered into an accounting system, ensuring that the debits equal the credits in financial accounting records.

Cash

Liquid assets held by an individual or company, which include currency and demand deposits readily available for transactions.