Which of the Following Statements About Bechtel Is True

question 43

Multiple Choice

Which of the following statements about Bechtel is true?

• A)Even though Bechtel is over 100 years old,the Kuwaiti oil fields was its first "project."
• B)Bechtel is the world's premier manager of massive construction and engineering projects.
• C)Bechtel's competitive advantage is supply chain management.
• D)While its projects are worldwide,its network of suppliers is largely in the United States
• E)All of the above are true.

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Definitions:

Interest Accrue

The accumulation of interest expenses or revenues that have been incurred but not yet paid or received in cash.

Note Payment

The process of repaying the principal and/or interest on a promissory note or loan.

IFRS

International Financial Reporting Standards, which are a set of accounting principles used globally to ensure financial reporting consistency and transparency.

Current Liabilities Netted

The process of offsetting current assets against current liabilities to determine the net working capital or financial position in the short term.