Which of the Following Is an Example of Canadian Foreign

question 193

Multiple Choice

Which of the following is an example of Canadian foreign portfolio investment?

• A)Albert, a German citizen, buys shares of stock in a Canadian computer company.
• B)Larry, a citizen of Ireland, opens a fish-and-chips restaurant in Canada.
• C)Ruth, a Canadian citizen, buys bonds issued by a German corporation.
• D)Dustin, a Canadian citizen, opens a tavern in New Zealand.

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Definitions:

Equivalent Units

A concept used in cost accounting to normalize mixed units of production into a singular unit count, facilitating cost analysis.

Conversion Costs

Costs required to convert raw materials into finished products, typically including direct labor and manufacturing overhead.

Materials

The raw items or supplies used in the production of goods and services.

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed goods, calculated by converting the work-in-progress into a number of completed units.