With Respect to Direct Exporting, the Primary Difference Between a Foreign

question 78

Multiple Choice

With respect to direct exporting, the primary difference between a foreign sales subsidiary and a foreign sales branch is that the foreign sales branch:

• A) is larger.
• B) is smaller.
• C) is not a separate legal entity.
• D) uses home country managers.
• E) does not pay taxes.

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing better performance evaluation.

Spending Variance

The discrepancy between the budgeted or forecasted expenditure and the actual amount spent.

Client-Visits

The number of times clients come into contact with the service provider, which could be in person or virtually, within a given period.

Medical Supplies

Items used in medical care, including tools, equipment, and consumables, essential for diagnosing, preventing, and treating illnesses.