Which of the Following Structures Represents the Most Common Way

question 58

Multiple Choice

Which of the following structures represents the most common way that small firms enter the global market?

• A) domestic structure plus export department
• B) domestic structure plus foreign subsidiary
• C) international division
• D) matrix structure

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Definitions:

Journal

A Journal in accounting is the initial record where financial transactions are entered before they are posted to accounts in the ledger, serving as the primary point of documentation for business activities.

Transactions

Business events that involve the exchange of goods, services, or funds, which impact a company's financial statements.

Ledger

A book or collection of financial accounts where transactions are recorded.

Trial Balance

A report that lists all the accounts and their balances at a particular time, used to verify that total debits equal total credits in the double-entry accounting system.