One of the measures of political globalization is:
A. inflows of foreign direct investment as a percent of GDP.
B. newspaper and book sales.
C. participation in international organizations.
D. trade as a percent of GDP.
Answer: C. participation in international organizations.
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What reasons have been given by the Institute of Chartered Accountants in England and Wales (ICAEW) for following a principles-based approach in setting accounting standards?
A. Lawmakers and standard setters cannot anticipate every situation. B. Accountancy profession should be about exercising judgment and integrity. C. The profession needs to attract people of high intellect. D. All of the above
The matrix type of organizational design is also referred to as the ________ design
A) M-form B) hierarchical C) revenue cycle process D) dual authority E) cellular