Parent Firms and Foreign Affiliates of Multinational Enterprises Now Account

question 46

Multiple Choice

Parent firms and foreign affiliates of multinational enterprises now account for __% of global output.

• A) 10
• B) 20
• C) 25
• D) 30

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Definitions:

Outstanding Checks

Checks that have been written and recorded in accounting but not yet cleared or cashed by the bank.

Service Charge

An additional fee added to a customer's bill for the provision of certain services.

Bank Statement Balance

The total amount of money that is available in an individual's bank account at the end of a given period, according to the bank’s records.

Checkbook Balance

The current amount of money recorded in a checking account, according to the account holder's records.