Which of the Following Is True of Overseas Expansion in Businesses

question 26

Multiple Choice

Which of the following is true of overseas expansion in businesses?

• A) It leads businesses to purchase supplies in lesser numbers.
• B) It gives a firm a weaker leverage when negotiating prices with its suppliers.
• C) It results in economies of scale that lower a firm's production costs.
• D) It restricts access to more customers.
• E) It restricts the diversification of a political risk.

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Definitions:

Financial Statement

A financial statement is a formal record of the financial activities and position of a business, person, or other entity.

Permanent/Temporary

Categories representing either enduring, long-term attributes or conditions, or those that are short-lived and transient.

Post-closing Trial Balance

A list of all accounts and their balances after closing entries have been made, ensuring that debits equal credits.

Accounts Receivable

Money owed to a company by its customers for goods or services delivered on credit.