Starbucks Is Expanding Its Global Operations into South America in Spite

question 93

Multiple Choice

Starbucks is expanding its global operations into South America in spite of the real probability of civil wars and terrorist activities in many of the continent's nations. As Starbucks expands into South America, it must deal with ____.

• A) political uncertainty
• B) economic uncertainty
• C) infrastructure regulation
• D) nationalistic equity
• E) strategy risk

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Definitions:

Ledger Accounts

Individual records within the general ledger that show the transactions and balances for each accounting period, relating to specific assets, liabilities, equity, revenues, and expenses.

Recording

The process of documenting financial transactions in the accounting records of a business.

Journal

A detailed record where all financial transactions of a business are initially recorded before summarizing them into ledgers.

Journalizing

The process of recording transactions in a journal or diary in chronological order before they are posted to ledgers.