Examlex
Which of the following is a negative repercussion of the advent of multinational corporations?
Total Revenue
The gross income generated from the core business activities of a company, including the sale of products and services.
Liability
Debts or monetary commitments that a firm has to settle with others, requiring the provision of economic benefits such as cash, products, or services over a period.
Expense
Costs incurred by a business in the process of earning revenue, typically categorized as fixed, variable, or periodic.
Accrual
Accrual is an accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash transactions occur.
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