ETS Major Field Study guides, Class notes & Summaries

ETS Major Field Test Questions and Answers (All are Correct) Updated Which of the following should be reported net of tax on a corporation's income statement? (A) Discontinued operations (B) Operating income (C) Gross profit (D) Gain on sale of delivery truck - Answer (A) Discontinued operations If a multinational company cannot change the level of political risk in foreign markets, which of the following tactics would most likely offset possible losses? (A) Maintain control of distr...

ETS MAJOR FIELD TEST IN BUSINESS EXAM QUESTIONS WITH VERIFIED ANSWERS A department manager telephoned two managers in other departments to discuss a cost savings idea that would benefit their departments as well as her own. Which of the following most accurately defines the communication channel that the manager was using? (A) Upward (B) Lateral (C) Downward (D) Hierarchical - Answer-(B) Lateral A firm that would like to know whether it has enough cash to meet its bills would b...

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