Eagle,Inc ,A U

question 25

Multiple Choice

Eagle,Inc. ,a U.S.firm,contracts with Fong,Ltd. ,a Hong Kong firm,al?lowing Fong to use and profit from Eagle's patented products.This is

• A)a distribution agreement.
• B)a joint venture.
• C)direct exporting.
• D)licensing.

---

Definitions:

Cost Variances

The difference between expected costs and actual costs, detailed in financial management and accounting to help identify areas of unexpected expense or efficiency.