Answer:
a. Reduces the chances that the IRS will make mistakes when inputting tax return information.
Explanation:
Electronic filing simply has to do with the storage of business data on a computer system. It is way safer than filing on paper because these files can be stored and they have backup systems for them too. These systems gives a way of managing such files by organizing, updating, storing and retrieving the files whenever it is necessary.
Option a is the best answer for This question as it points out one of the many advantages of such a system.
Answer: Diversification
Explanation: Diversification strategy involves widening the scope of the organization across different products and market sector. Furthermore, it is used to expand firms operations and productivity by adding markets, products, services, or stages of production to the existing business and the main aim of diversification is to minimize the risk by investing in range of products. It helps in reducing the market volatility.
Answer:
Foreign Direct Investment - Opening a retail store in a foreign country
Foreign Portfolio Investment - Buying bonds issued by a foreign government
false
Explanation:
Foreign direct investment can be described as when a firm or an individual in one country makes an investment in a business interest in another country.
Foreign direct investment usually takes two form :
- the investor sets up a business in the foreign country
- the investor acquires foreign assets in the foreign country.
An example is when a US firm establishes a new business in another country.
foreign direct investment usually requires a lot of active management. As a result, an individual might not have the capacity or resources to effectively manage an FDI when compared with a corporation
Foreign Portfolio Investment is when an investor in one country purchases financial assets in another country.
For example, a resident of the US purchases bonds in Ghana
