From Which Model of Organizational Structure Did IBM and Xerox

question 5

Multiple Choice

From which model of organizational structure did IBM and Xerox profit by transferring skills and know-how to subsidiaries around the globe?

• A) International model.
• B) Multinational model.
• C) Global model.
• D) Transnational model.
• E) Intranational model.

Distinguish between items recorded and not recorded by an accountant during partnership liquidation.

Understand the difference between fiscal and calendar years in accounting.

Comprehend the principles of cash and accrual basis of accounting.

Recognize the purpose and principles of adjusting entries in accounting.

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Definitions:

Full-Service

Offering a complete range of services to meet all customer needs in a particular area, without requiring them to go elsewhere.

Merchant Wholesalers

Independently owned firms that take title to the merchandise they handle.

Take Title

The act of taking legal ownership of a particular piece of property or goods.

Merchant Wholesaler

An entity involved in buying goods in bulk from producers and selling them, usually in smaller quantities, to retailers or other businesses, but not to end consumers.