What Are the Two Types of Political Risk That Affect

question 101

Multiple Choice

What are the two types of political risk that affect companies conducting global business?

• A) political uncertainty and policy uncertainty
• B) policy uncertainty and expropriation potential
• C) cultural strength and political risks
• D) infrastructure dynamism and political uncertainty
• E) nationalism and economic uncertainty

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Definitions:

Supplies Expense

Costs associated with consumable items or supplies used in the day-to-day operations of a business.

Adjusting Entry

An adjusting entry is a journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate years.

Physical Count

A method used in inventory management to ensure the actual number of items in stock matches the recorded numbers by counting them manually.

Interest Payable

Interest payable is the amount of interest expense that has been incurred but not yet paid by a borrower as of a specific date.