Which of the Following Is Typically True of an Export

question 50

Multiple Choice

Which of the following is typically true of an export management company?

• A) It is usually a division of a manufacturing company.
• B) Most EMCs in the United States are large, representing a wide range of products and large number of companies.
• C) It operates on a contractual basis for a manufacturer by helping obtain orders for its clients' products.
• D) It usually takes title to products rather than act as an agent.

---

Definitions:

Retained Earnings

These are the profits that a company has decided to keep or reinvest in the business rather than distribute to shareholders as dividends.

Analyzing Noncash Accounts

Examining accounts that involve transactions not involving cash, such as depreciation, amortization, and accrued expenses.

Outflow of Cash

Financial transactions that result in the expenditure of cash from a business, such as payments for expenses, investing activities, and financing activities.

Discarding an Asset

involves removing an asset from the company's balance sheet due to it being obsolete, no longer usable, or not worth repairing.