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Answer: Latin america
Explanation: The following case relates to international management activities. The business and management styles of the organisations changes with the change in the culture of the country in which the business is to be done.
In Latin america, the word of mouth is considered to be more important than the paper contracts. The firms around the coutry wants to ensure that the other party is reliable. The dinner is the country usually happens late in 9AM and discussions is don on the dinner.
Hence from the above we can conclude that the correct answer is latin america.
Explanation:
In this case, it is incorrect to wait until payment to record the expense, as organizational accounting is essential in an organization so that there is a record and control of organizational financial transactions so that companies can obtain information about the business and take reasoned decisions based on the current reality of the company.
Therefore, all income and expenses for the period must be recorded in accounting so that there is real information about an organization's movements in a period.
