Which of the Followings Statements About Language and International Business

question 37

Multiple Choice

Which of the followings statements about language and international business is true?

• A) When executives have no common language, they are likely to use English.
• B) English is the primary business language of the Americas, while German is the primary business language of Europe.
• C) English is so prevalent in international business that an executive from Cuba and an executive from Peru would use it to communicate with each other.
• D) Because English is the main language of international business, non-native English speakers have no problems understanding it.
• E) English is only used to conduct business when a Canadian, American, or English company is involved.

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Definitions:

Unearned Revenues

Income received by a company for goods or services yet to be delivered or performed.

Liability Uncertainty

Liability uncertainty involves not knowing the exact amount or timing of future outflows due to existing obligations.

Sales Taxes Payable

Current liabilities on a company’s balance sheet, representing taxes collected from customers on behalf of governmental authorities which are yet to be remitted.

Credited

An accounting entry that increases a liability or equity account, or decreases an asset or expense account.