An Organization Decides to Go International

question 18

Multiple Choice

An organization decides to go international.Which of the following steps should it take to do so with a minimal investment?

• A)exporting
• B)global sourcing
• C)franchising
• D)licensing

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Definitions:

Cost Accounting Systems

Methods and procedures used to measure, record, and report product costs.

Process Cost

A method of costing that is used to determine the cost of producing products in continuous processes or operations.

Job Order Cost

A cost accounting system that accumulates costs according to specific jobs or orders, tracking the expenses related to individual products or projects.

Job Order Cost Systems

An accounting system used to assign costs to specific customer orders or batches, tracking the direct materials, direct labor, and overhead costs incurred for each.