Which of the Following Is an Entry Strategy in Which

question 24

Multiple Choice

Which of the following is an entry strategy in which the organization maintains its production facilities within its home country and transfers its products for sale in foreign markets?

• A) Franchising
• B) Licensing
• C) Exporting
• D) Greenfield venture
• E) Joint venture

---

Definitions:

Consolidation Entries

Journal entries made in the process of preparing consolidated financial statements to eliminate intercompany transactions and balances among the entities of a consolidated group.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as one single entity.

Fair Values

A valuation reflecting what an asset or liability might fetch in the marketplace, determined by the price it could be sold for or the cost to transfer the liability, during a well-organized exchange among participants on the date of valuation.

Consolidated Balance Sheet

A financial statement that presents the assets, liabilities, and equity of a parent company and its subsidiaries as one single entity.