Exporting credits Study guides, Revision notes & Summaries

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Who has to deposit to open exporting L/C? Select one: a. The seller b. The advising bank c. The buyer d. The issuing bank a Availability refers to the availability of funds to the beneficiary (seller) after presentation of documents under the credit. Each of the forms of payment availability must be specified in the original credit and be accepted by the ___________. Select one: a. issuing bank b. exporter c. importer d. advising bank b In a documentary credit transacti...

Which of the following factors would not normally be considered when choosing between different sources of investment: A - Risk B - Liquidity C - Currency D - Maturity - Answer- C - Currency Which of the following would not normally be used to deal with the credit risk associated with exporting: A - Documentary credits B - Forfaiting C - Bills of exchange D - Treasury bills - Answer- D - Treasury bills On 1 April 20X4, an entity placed $5 million on deposit at an interest rat...

The consumer price index (CPI) - ANSWER-e. is a monthly index that tracks the prices paid by consumers A system where the basic economic questions are determined, at least to some degree, through centralized government planning is referred to as a ____ economy. - ANSWER-a. command The business cycle has two phases; - ANSWER-c. recession and expansion. Growth in the standard of living measured by the increase in - ANSWER-d. real GDP per person Items bought by businesses to help produc...

A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training - ANSWER-Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? - ANSWER-They increase Which type of tariff is put in place to specifically ensure that domestic industries are given an advan...

ACAMS Exam 344 Questions with Verified Answers 2 ways remittance services can foster ML - CORRECT ANSWER • Packages containing large cash sums and even drugs anonymously. • Another technique commonly used by money remitters and currency exchanges is for the broker to make the funds available to the criminal organization at the destination country in the local currency. 2 Ways to launder money in Real Estate - CORRECT ANSWER • By way of chain transactions in real estate to cloak th...

How many times can a share be consumed by a single account? Once. "A share can only be consumed once per account." What is Federated Authentication? Federated Authentication enables users to connect using SSO via an external SAML 2.0 compliment identity provider (IdP). What is the defn of PaaS? Platform as a Service. You manage only the applications and data. Everything else is managed by the vendor. What are the three layers of Snowflake, bottom to top? Database Storage; Query processi...

Chapter 03 - The Global Marketplace True / False Questions 1. Global GDP surpassed 80,000 USD (billions) in 2015. TRUE 2. Global GDP surpassed 100,000 USD (billions) in 2015. FALSE Difficulty: Moderate Topic: 03-01 Quick Facts The Global Landscape Difficulty: Moderate Topic: 03-01 Quick Facts The Global Landscape 3. According to the IMF, Canada's estimated GDP for 2014 was greater than Mexico's. TRUE Difficulty: Moderate Topic: 03-01 Quick Facts The Global Landscape 4. According to ...

WGU D080 Managing in a Global Business Environment Exam Bank_ Summer 2022/2023 A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training "Correct Answer"- Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? "Correct Answer"- They increase ...

Module 2 – Unit 1) Members of a work team are from many different countries. They share their thoughts on developing a strategy to market a product in several different countries. What is the term for the international integration of the team members' exchange of worldviews and ideas to develop the strategy? a. Globalization b. Job availability c. Wealth inequality d. Outsourcing Which type of globalization refers to the international movement of goods, capital, and services? a. Cultur...