Which of the Following Statements Is Not True of Japan

question 61

Multiple Choice

Which of the following statements is not true of Japan?

• A)During the 1970s and 1980s, Japan's economic success had been without precedent
• B)During the 1970s and 1980s, the country had a huge positive trade balance, the yen was strong and they recognized as the world leaders in manufacturing and consumer goods
• C)Assumptions about the Japanese workforce have turned out to be more myth than reality and some of the former strengths have become weaknesses in the new economy
• D)Japan's consensus decision making system turns out to be very efficient and effective in the new speed-based economy

Recognize the role of early childhood education in influencing long-term outcomes.

Understand the concepts and benefits of short-term financial planning, including estimations for loans and cash surplus calculations.

Grasp the mechanisms of accounts receivable and payable management, including collection periods and payment policies.

Comprehend the various short-term financing options available to firms, including secured financing, compensating balances, and letters of credit.

---

Definitions:

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from revenues.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for changes in non-cash working capital and non-operating items to determine cash flow from operating activities.

Operating Activities

Tasks and transactions related to the core business functions of a company, such as selling products and providing services, integral to generating revenue.

Direct Method

A costing method that directly allocates service department costs to producing departments without any intermediate allocation steps.