At Comfort Homes, a manufacturer of furniture and home accessories, the global operating units report directly to the chief executive instead of a head of an international division

The company recruits management from many countries and buys components and supplies where they cost the least. Comfort Homes is most accurately classified as a(n) ________.
A) direct exporter
B) geographical organization
C) international subsidiary
D) global organization
E) world product group

D

Business

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A business pays $800 cash for office supplies. Which of the following accounts is credited?

A) Cash B) Accounts Payable C) Office Supplies D) Office Supplies Expense

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It is generally easier for a seller to terminate a land contract and recover possession of the property. Why?

a. Because many buyers within a land contract default b. Because the courts are in favor of the forfeiture clauses and generally rule in the seller's favor c. Because buyers within land contracts often do not have the finances to fight the seller in court d. Because courts generally do not view land contracts as functionally equivalent to mortgages so they are usually not subject to mortgage laws.

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