Which of the Following Statements About the English Language Is

question 39

Multiple Choice

Which of the following statements about the English language is most likely NOT true?

• A)The largest portion of global output is in English-speaking countries.
• B)A large portion of MNEs are headquartered in English-speaking countries.
• C)English is the official national language in most countries where FDI is encouraged.
• D)Many MNEs from non-English speaking countries use English as their operating language.

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Definitions:

Direct Write-Off Method

A bookkeeping approach where bad debts are immediately expensed against earnings when they are considered irrecoverable.

Uncollectible Receivables

Receivables from sales or loans that the company is unable to collect and therefore considers as a loss.

Liquidation

The winding-up process when a partnership goes out of business.

Dishonored Note

A promissory note that has not been paid at maturity or is in default.