Through a _______, one firm promises through a legally binding contract or warranty to absorb the risk and costs associated with unfulfilled promises made to a partner firm
a. bridging
b. trust
c. commitment
d. guarantee
d
You might also like to view...
Non-operating income:
a. required disclosure for publicly traded corporations b. component of the entity has been sold or will be sold c. costs generally associated with downsizing d. reports a series of intermediate subtotals e. accounted for prospectively f. tangentially related to normal operations g. accounted for retrospectively by revising prior years' statements h. other comprehensive income i. total non-owner change in equity j. ability of reported income to predict future earnings
Which of the following is not a consideration to managers at multinational companies?
A) Currency issues. B) Legal environment. C) Political environment. D) Economic environment. E) Similarities in tax regimes.