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stiv31 [10]
4 years ago
14

Which term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China? a.

Parent/subsidiary b. Hooking up c. Guanxi d. Principal/Agent
Business
1 answer:
evablogger [386]4 years ago
4 0

<u>b. Hooking up</u> is the term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China.

<u>Explanation</u>:

Hooking up is the term refers the affiliate relationship between an accounting/auditing firm and its sponsoring organization.

Auditing Firm is a company which reviews the activities of an organization to identify their inefficiencies and achieve the organizational objectives. Auditing firms can help in investigating the potential theft or fraud and ensure compliance with applicable terms and policies. The reports of the organization can be maintained accurately.

The auditing firm works for their sponsored organization and helps them in achieving their goals.

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A manufacturer's branch office Multiple Choice carries a producer's inventory and performs the functions of a full-service whole
zimovet [89]

Answer:

A. carries a producer's inventory and performs the functions of a full-service wholesaler

Explanation:

The answer to the question is quite clear. The question is about a manufacturer's branch office. The intent is clear, the branch office in question belongs to a particular manufacturer.

A manufacturer's branch office is typically owned and operated by the manufacturer in a location that is physically different from the manufacturing prlant and the main purpose of this branch office is for the wholesale distribution of manufactured product.

Three Different Types of Wholesalers

1. Merchant Wholesalers - These are primarily into wholesale businesses for different manufacting groups per time. They take products in large quantities from manufacturers and resell to industries, retailers and even smaller wholesalers in smaller quantities.

2. Agents, brokers and commission merchants: They are active middlemen who do not take title of goods like merchant wholesalers but are involved in negotiating on behalf of their manufacturing clients. They are most paid on commission basis based on what business they bring in.

3. Manufacturers' sales branches and offices: The Manufacturer's branch office falls under this category and they are specific wholesale outlets run by the manufacturers themselves to sell their own products.

Considering other Choices in the Question

  • Performs a sales function as an option to agents and broker- This is the description of wholesalers type two as described above
  • works for several producers and carries noncompetitive, complementary merchandise in an exclusive territory - This is the description of Merchant Wholesalers
  • takes title to merchandise but sells only to buyers that call on them, pay cash for merchandise, and furnish their own transportation for the merchandise- This is also the description of Merchant Wholesalers
  • brings buyers and sellers together to make sales- This is the description of Agents, brokers and commission merchants.

8 0
3 years ago
Which of the following can increase your credit card's APR?
Alex Ar [27]
B missing a credit card payment
5 0
4 years ago
Read 2 more answers
____________________ are a pool of assets that trade like stocks on an exchange. They track a group of stocks, such as all stock
barxatty [35]

Answer:

Exchanged-traded funds

Explanation:

Exchanged-traded funds are forms of investment that are usually traded on stock exchange the way other securities are traded, but they have an underlying asset.

Unlike mutual funds ETF are traded on the stock exchange at all periods of the day.

Assets held by ETF includes, shares, currencies, bonds, and commodities like gold and oil.

Value of trade is kept close to the net value of the underlying asset.

7 0
3 years ago
According to Modigliani and Miller (MM), in a world with corporate income taxes, the optimal capital structure calls for approxi
Strike441 [17]

Answer:

True

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The Modigliani Miller approach basically aims at the valuation of company, in which with each component of debt present with corporate taxes involved, the cost of business is reduced and that the value is increased.

As according to that when the taxes are present, the the debt component will only increase the return and value of the business.

Thus, it provides for increasing worth of business through debt utilization.

4 0
4 years ago
Suppose the American Medical Association announces that men who shave their heads are less likely to die of heart failure. We co
insens350 [35]

Answer:

b) razors to increase.

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The announcement by the American Medical Association will cause an increase in demand for razors since the perception will be men that shave their hair are less likely to die of heart attack.

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A shift in demand occurs when other factors except for price causes a change in demand of a good.

The shift in demand is illustrated in the attached diagram.

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3 years ago
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