Examples of current liabilities include:
1. accounts payable
2. taxes
3. Interest payable
4. Accrued expenses.
Current liabilities are those expenses due within 12 months or less. All other liabilities are reported as long-term liabilities. For a business, they must have enough current assets (cash, sales) to cover current liabilities.
Answer:
The correct answer is B) False
Explanation:
An ethnocentric approach to management will precisely take into account the cultural characteristics of a particular ethnic group, therefore, the probability of a manager taking a decision that conflicts with the values of said ethnic group is lower.
For example, suppose that a pizza delivery firm wants to set up business in Italy. An ethnocentric approach would result in the avoidance of selling hawaian pizza in Italy, because Italians do not like that specific type of pizza.
Answer:
D. National security argument.
Explanation:
Looking at the options, the correct one is National security argument. This is because the congress woman is arguing that ball bearing industry is important in making weapons which is in turn very important to national security. She argues that imposing trade restrictions on free trade, it will make the United States begin to produce their own weapons which will be helpful in time of war when they need a lot of weapons.. Thus, her justification in her argument is primarily for National Security!
