Tahir,an Arab,and Jan,a Swede,meet at a Dinner for International Students

question 8

Multiple Choice

Tahir,an Arab,and Jan,a Swede,meet at a dinner for international students.Because the cultures of the two men differ in regard to _______________,both may feel uncomfortable during their conversation.

• A)knowledge of U.S.etiquette
• B)attitudes toward higher education
• C)explicit laws
• D)conversational distance

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Definitions:

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus depreciation.

Bonds

Fixed-income securities that represent a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest payments and the return of the principal at maturity.

Discount

A reduction applied to the normal selling price of goods or services, typically for the purpose of enticing customers or accelerating sales.

Journal Entry

A record in accounting that represents a transaction or adjustment affecting at least two accounts, which is necessary to keep the financial statements accurate.