Production and Finance Are Coordinated,best Describes the Global Business Strategy

question 172

Multiple Choice

Production and finance are coordinated,best describes the global business strategy and structure of a ________.

• A)domestic exporter
• B)multinational
• C)franchiser
• D)transnational

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Definitions:

Prepaid Insurance

Payments made in advance for insurance coverages, recognized as assets until the coverage period lapses and it then becomes an expense.

Fiscal Year

A one-year period that companies use for accounting and financial reporting purposes, which may or may not coincide with the calendar year.

Unexpired Insurance

The portion of an insurance premium that has not yet been used up and is considered a prepaid expense for the company.

Supplies Expense

The cost associated with consumable items or supplies used during a company's operations within an accounting period.