Which of the Following Is a Drawback of Relying on an Export

question 120

Multiple Choice

Which of the following is a drawback of relying on an export management company (EMC) ?

• A) It does not provide references and has no antecedents.
• B) The exporting company can fail to develop its own exporting capabilities.
• C) It does not have expert specialists to help neophyte exporter identify opportunities.
• D) It typically lacks information about local business regulations.
• E) The exporting company cannot avoid the common pitfalls of exporting.

---

Definitions:

Exposure-Draft Stage

A phase in the standard-setting process where a proposed accounting standard is made public for feedback before it becomes final.

Statutory Authority

The legal power granted to an entity, often a government agency, to enact legislation, regulate, or enforce laws.

Accounting Rules

The standardized guidelines and criteria used in financial accounting and reporting to ensure transparency, consistency, and comparability of financial statements.

Securities and Exchange Commission

A U.S. government agency responsible for regulating the securities markets and protecting investors.