Which of the Following Is an Example of U

question 55

Multiple Choice

Which of the following is an example of U.S.foreign direct investment?

• A)A Swedish car manufacturer opens a plant in Tennessee.
• B)A Dutch citizen buys shares of stock in a U.S.company.
• C)A U.S.based restaurant chain opens new restaurants in India.
• D)A U.S.citizen buys stock in companies located in Japan.

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Definitions:

Contra-Asset

An account displayed on the balance sheet that reduces the value of a related asset, such as accumulated depreciation.

Liability

Financial obligations, debts, or responsibilities owed by a business to others, to be settled over time through the transfer of economic benefits.

Invoice Approval Form

Used by the accounting department in checking the invoice and finally approving it for recording and payment.

Purchasing Department

A division within a business that is responsible for acquiring goods and services that are necessary for the company's operations.