Answer:
FALSE
Explanation:
Conducting business is usually NOT the same from country to country because:
1. DIFFERENCE IN BUSINESS ETHICS: Business ethics vary from nation to nation. European countries work from 8 am to 5 pm on a typical work day and rest on Saturdays and Sundays; but in the middle East, people do not work on Fridays but work on Sundays. They also take a lot of business time off for routine prayers during normal work hours.
2. NEED FOR TRANSLATORS: Differences of language does increase the cost of carrying out business activities in other nations. Take India and China for example; You cannot conclude that business deals will be carried out without hiring a translator who understands Hindi or Mandarin.
3. LOCAL LAWS AND CUSTOMS: The UK customs and laws require that cars be driven on the left hand side of the road but that is not the same in most other countries of the world, hence a U.S car manufacturer must be aware of the costs of redesign if he has to sell cars in the U.K.
Answer:
Great Lakes should recognize on the income statement for the year ending December Year 1 $4,000
Explanation:
The income statement only recognize the amount of money that was generated during the period of the income statement.
If the company invoiced by month, it only recognize the total amount for the last four months of the year.
The answer to this question is Variable cost.
As the level of production increase , the total variable cost is increased and vice versa.
Examples of variable cost are the cost of sugar in condensed milk factory, the cost of leather in bag manufacturing, the cost of coffee beans in starbucks, etc.
Answer:
hi i reallly tried but dont want to give an answer that is wrong
plz forgive me
god bless u
Explanation:
