The fact that trade now represents a higher percentage of global GDP reflects the<u> globalization of markets. </u>
<h3>What is the globalization of markets?</h3>
- Refers to the current phenomenon observed where goods and sold around the world.
- Has led to an explosion of choice for consumers and an increase in market size for producers.
As a result of so much trade being done amongst countries, global GDP has risen and analysis show that a large part of this is down to the international trade conducted amongst countries.
In conclusion, option c is correct.
Find out more on globalization at brainly.com/question/14088698.
Answer:
Cause of a "Prior Period Adjustment in 2025 Statement of Retained Earnings:"
A. Failure to Accrue Revenue at 12/31/24, but not 12/31/21 Depreciation Overstatement.
Explanation:
A company's failure to accrue revenue in accordance with the accrual concept and revenue recognition principle means that there is a "Prior Period Error" which must be corrected retrospectively in the financial statements (Retained Earnings). Retrospective restatement involves the correction of the error arising from the recognition, measurement, and disclosure of amounts of elements of financial statements. The restatement is done as if a prior period error had never occurred.
Answer:
Increased visibility- real-time status or availability of any process or product
increased efficiency - reduced process time in different areas
better quality- high-quality standards of products and processes
reduced cycle time-faster execution of each process
did get it right?
Answer: Option B
Explanation: In simple words, multilateral world culture refers to the culture in which different communities are considered to be independent to follow their culture and norms.
In such a system , the world accepts and runs on different culture with other economic activities running on some different agenda. Recent trends have shown that world has been going toward this system as most of the Asian countries are now accepting the western culture and vice versa.