Which of the Following Is Not a Criticism of or Charge

question 24

Multiple Choice

Which of the following is not a criticism of or charge against multinational corporations (MNCs) ?

• A)They transfer jobs overseas,where wage rates are lower
• B)They increase the gap between rich and poor nations
• C)They pay excessively high taxes everywhere
• D)They exploit the labor markets of host countries
• E)They have an unfair advantage when competing with local businesses

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Definitions:

Ending Inventory

The final value or amount of goods available for sale by a company at the end of an accounting period.

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed goods, adjusting for the amount of work done.

Job Order Cost System

An accounting system that accumulates costs for each specific job or project, making it possible to determine the profitability of each.

Production Period

The timeframe during which goods are manufactured or produced, from the start of production to its completion.