Which of the Following Statements Accurately Describes One of the Characteristics

question 140

Multiple Choice

Which of the following statements accurately describes one of the characteristics that distinguishes a multinational company from a domestic company?

• A) A multinational company has stockholders in other countries.
• B) A multinational company exports its products to other countries.
• C) A multinational company operates outside of its country of origin.
• D) A multinational company uses raw materials and components from more than one country.

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Definitions:

Sales Budget

A sales budget is an estimated amount of revenue that a company expects to earn from sales over a specific period.

Master Budget

A master budget is a comprehensive financial planning document that consolidates all of the individual budgets of a company's departments into one single plan for a specific period.

Financial Budgets

Plans that project an organization's income, expenditures, and capital needs over a specific period, guiding its financial operations and goals.

Operating Budgets

Financial plans that outline the projected revenue, expenses, and profit for the operations of a business within a specific period.