A Foreign Firm That Is 20% to 49% Owned by a Parent

question 7

Multiple Choice

A foreign firm that is 20% to 49% owned by a parent is called a/an:

• A) subsidiary.
• B) affiliate.
• C) partner.
• D) rival.

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Definitions:

Unit-Level Activities

Activities that are performed each time a unit is produced.

Activity-Based Costing

A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.

Internal Decision-Making

The process within an organization to choose among alternatives and make choices that impact its internal operations and strategy.

Duration Driver

A measure of the amount of time required to perform an activity.