Some Firms Are Labeled as ________ Because Their Operations Often

question 188

Multiple Choice

Some firms are labeled as ________ because their operations often span the globe early in their existence.

• A) multinational
• B) prospectors
• C) born global
• D) transnational

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Definitions:

Journal

An accounting record where all transactions are initially recorded, chronologically, before they are transferred to ledger accounts.

Ledger

A book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type, with debits and credits.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing ownership interest.

Dividends Declared

Dividends declared are profits a company announces it will distribute to its shareholders, indicating when and how much will be paid out.