Which of the following is most likely to occur next in the international planning process, once a "go" decision in Phase 3 has been taken?
A. The objectives and goals phase.
B. The budget phase.
C. The action program(s) phase.
D. The implementation and control phase.
E. The communication phase.
Ans: D. The implementation and control phase.
Business
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The accountant of Delta, Inc. failed to make an adjusting entry to record $6,000 of unearned service revenue that has now been earned. Assume the deferred revenue was initially recorded as a liability. Which of the following statements is true?
A) The total revenue will be overstated. B) The total revenue will be understated. C) The total expenses will be overstated. D) The total expenses will be understated.
Business
Federal Truth-in-Lending Act (FTL) and RESPA are acts to protect consumers.
a. true b. false
Business