When Honda, a Japanese Auto Maker, Built a Factory in Ohio

question 86

Multiple Choice

When Honda, a Japanese auto maker, built a factory in Ohio,

• A)it was engaged in foreign direct investment.
• B)it was engaged in portfolio investment.
• C)it was engaged in a cross-border acquisition.
• D)none of the above.

---

Definitions:

Supplier's Account

An account kept by a business to record transactions (like purchases and payments) related to a specific supplier.

Purchases Journal

A specialized accounting journal used to record all purchases of merchandise, inventory, and other supplies on credit.

Life Vests

Safety devices designed to keep an individual afloat in water and reduce the risk of drowning.

Customer Account

An account that records all transactions between a business and its customers, including purchases, payments, and credits.