With a Global Information System (GIS)in Place, an International Company

question 54

Multiple Choice

With a global information system (GIS) in place, an international company _____.

• A)can classify consolidated global reporting as a strategic requirement
• B)does not need a global database for its operations
• C)need not incorporate strategic planning as a core function
• D)can increase its control over its subsidiaries

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Definitions:

Overhead Applied

The allocation of overhead costs to specific products or production jobs based on a predetermined overhead rate.

T-account

A simplified accounting tool that represents the two sides of every financial transaction as debits and credits.

Property Taxes

Taxes assessed by local governments on real estate and sometimes personal property, based on the property's value.

Factory Insurance

An insurance policy designed to protect manufacturing facilities against losses from events like fire, theft, or natural disaster.