The difference between direct and indirect exporting is that indirect exporting involves ________
A) higher risks
B) self-handling of exports
C) greater returns
D) more product alterations
E) less investment
E
Business
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A plant site donated by a township to a manufacturer that plans to open a new factory should be recorded on the manufacturer's books at
a. the nominal cost of taking title to it. b. its fair value. c. one dollar (since the site cost nothing but should be included in the balance sheet). d. the value assigned to it by the company's directors.
Business
Inventories of certain minerals and agricultural products are valued at:
a) cost b) lower of cost or market c) net realizable value d) replacement cost
Business