Which of the Following Is Not an Example of Globalization

question 12

Multiple Choice

Which of the following is not an example of globalization? 

• A) ​A war around the globe finds its way into living rooms. 
• B) ​New York is the center of the art world. 
• C) ​One stock market affects all stock markets. 
• D) ​China's air pollution flows into California. 
• E) ​Cellular phones and the Internet allow for instant communication.

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, providing a more useful comparison for actual versus budgeted performance.

Budgeted Costs

Estimated financial plan for expenditures over a specified period.

Direct Labor Hours

This term represents the total time spent by workers directly involved in the manufacturing process.

Flexible Budget Graph

A visual representation that shows the difference between actual and expected performance at various levels of activity.