With a Global Information System (GIS)in Place, an International Company

question 54

Multiple Choice

With a global information system (GIS) in place, an international company _____.

• A)can classify consolidated global reporting as a strategic requirement
• B)does not need a global database for its operations
• C)need not incorporate strategic planning as a core function
• D)can increase its control over its subsidiaries

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Definitions:

Account Balances

The amount of money in an account, representing the net difference between credits and debits in financial accounting.

Maximum Amount

The highest possible quantity or value that can be achieved or allowed, often within a specific context or regulation.

Deficit Balance

A financial situation where liabilities exceed assets or expenses exceed income, leading to a negative balance.

Capital Account

The capital account in financial accounting represents where adjustments in assets and liabilities are recorded, correlating to transactions involving investments or loans.