MATCHING Complete the Following Using the Terms Listed

question 32

Multiple Choice

MATCHING
Complete the following using the terms listed.
-The _____ is the federal law that prohibits U.S.citizens and companies from bribing foreign officials in order to win or continue business.

• A)certified public accountant
• B)International Financial Reporting Standards
• C)Asset
• D)Liability
• E)owners' equity
• F)accounting equation
• G)balance sheet
• H)income statement
• I)Foreign Corruption Practices Act
• J)accrual accounting
• K)open book management
• L)budget
• M)GAAP
• N)FASB
• O)profitability ratio
• P)International Accounting Standards Committee (IASC)
• Q)leverage ratio
• R)management accountant

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Definitions:

Bullwhip Effect

A phenomenon in supply chains where small variations in demand at the consumer level cause increasingly larger variations in demand upstream.

Multiple Forecasts

The use of various predictive models or methods to project future situations or trends in different scenarios.

Replenishment Decisions

The process of determining when and how much inventory to restock to meet customer demand while optimizing inventory levels.

Pricing Strategies

Strategies used by companies to determine the best price for their products or services, aiming to maximize profitability.