Список вопросов базы знаний

There are a few steps to …, and things to consider, before opening a business

These stores are both ... the downtown area

This accounting allocates older inventory ... to the cost of goods sold and more recent costs to inventory holdings

This reduces gross …., and allows for the building of assets in the lower priced inventory holdings

Time spent … “door to door” to find your needed capital can be better spent establishing the commerce of the enterprise

To be successful, entrepreneurs usually need the help of professionals to ... the large amount of paperwork and planning involved

To choose the ... year is another important decision the owner of a small business must make

We can ... a plan in which venture capital proceeds will be used to pay him for his efforts, and include that information in the offering brochure

When a businessman ... accomplished these steps, the person is ready to begin the activities of the commerce

When an entrepreneur needs to go somewhere other than a ..., good paperwork becomes even more important

When sufficient funds cannot be identified as such, then ... to the business plan, or abandoning the venture is in order

When sufficient ….cannot be identified as such, then revisions to the business plan, or abandoning the venture is in order

When the business is operating in an environment of rising inventory ..., it may be advisable to apply more recent higher cost of inventory goods

When the new entrepreneur decides what form of a business entity to establish, he must decide on accounting methods and financial recording methods the company will ...

Whenf those ... are reduced, however the advantages are lost

While setting up a business several choices ... available

With no capital to get the business off the ground, to persevere through business slumps, to carry receivables, and ... inventory and staffing needs, a business most certainly will fail

… -basis accounting system is good for businesses who recognize that cash flow is more important than showing accrued earnings

It will be headed ... Marvin Rosenbaum who has been hired as an independent consultant at a per diem of $200

Choose the right preposition: The good is produced entirely ___ the territory of one or more of the NAFTA countries and satisfies the specific rule or origin, set out in Annex 401, that applies to its tariff

Which of the two assertions are true and which are false?

A) In order to be registered joint ventures and business representations should submit: Documents to be submitted by the foreign investor or his mother

B) In order for their affiliates to be registered joint ventures and business representations should submit: Un-notarized copies of the documents of the company setting up its affiliate:

Which of the two assertions are true and which are false?

A) Two pictures should be stapled to the copy of the passport page and one to the marked space at the upper right-hand corner of the application form

B) Paperwork submitted in a different manner will not be accepted

Which of the two assertions are true and which are false?

A) There are five basic ways in which tariffs may be levied

B) A specific tariff is levied as a fixed charge per unit of imports. For example, the US government levies a 5.1 cent specific tariff on every wristwatch imported into the US

Which of the two assertions are true and which are false?

A) Absolute quotas are generally administered on a first-come last-served basis.

B) In the US in 1996, milk, cream, brooms, ethyl alcohol, anchovies, tuna, olives and durum wheat were subject to tariff-rate quotas

Which of the two assertions are true and which are false?

A) Ad valorem” is Latin for “on value” or “in proportion to the value.”

B) If $100,000 worth of autos are imported, and The US levies a 2.5% ad valorem tariff on imported automobiles, the US government collects $6,500 in tariff revenue

Which of the two assertions are true and which are false?

A) After you receive your visa please check it for mistakes (passport number, date of birth, term of validity) and, if you find them, pretend they don’t exist

B) The Consulate will not be responsible for any mistakes in the visas, which were not brought to its attention prior to departure from the USA

Which of the two assertions are true and which are false?

A) All amendments and alterations in the Incorporation Documents of the registered companies with foreign investments, as well as information about their liquidation shall be submitted to the registration body no later than 30 days after they were approved

B) The above-said alterations and amendments shall come into force only after they have passed state registration

Which of the two assertions are true and which are false?

A) Alternatively, the deal may be arranged through an importer’s buying agent or a buying house acting for the importer, or through an export house based in the exporter’s country, or simply mafia will help

B) The exporter may sell illegal goods directly to a company in his own country, who will then export the goods by pirate chanals

Which of the two assertions are true and which are false?

A) An export tax is a tax collected on exported goods

B) As with tariffs, export taxes can be set on a specific or an ad valorem basis

Which of the two assertions are true and which are false?

A) An import tariff is a tax collected on domestic goods

B) Tariff is never used in a non-trade context

Which of the two assertions are true and which are false?

A) An import/export transaction usually requires no complicated documentation

B) Many different arrangements have to be made and this can be difficult when one firm is dealing with another firm on the other side of the world

Which of the two assertions are true and which are false?

A) Any goods, including drugs and women may be sold under the duty free shop customs treatment

B) The free customs zone and free warehouse are parts of the customs where anyone can cross the border without a passport or their baggage checked

Which of the two assertions are true and which are false?

A) At one time, tariffs were perhaps the most commonly applied trade policy. Many countries used tariffs as a primary source of funds for their government budgets

B) As trade liberalization advanced in the second half of the twentieth century, many other types of non-tariff barriers became more prominent

Which of the two assertions are true and which are false?

A) Both a specific and an ad valorem tariff are levied on the same product simultaneously

B) This is known as a three-part tariff

Which of the two assertions are true and which are false?

A) Brazil imposed a 60% export tax on sugar in 1996

B) In December 1995 the EU imposed a $32 per ton export tax on wheat

Which of the two assertions are true and which are false?

A) By encouraging exports, the government will reduce the domestic supply and eliminate the need for the government to purchase the excess

B) It is in these situations, or to avoid these situations, that export subsidies are sometimes used

Which of the two assertions are true and which are false?

A) Commodities eligible under EEP initiatives are wheat, wheat flour, semolina, rice, frozen poultry, frozen pork, barley, barley malt, table eggs as well as oil and gas

B) As a result of Uruguay round commitments, the US has established annual export subsidy quantity ceilings by commodity and minimum budgetary expenditures

Which of the two assertions are true and which are false?

A) Companies whose volume of foreign investments exceeds 100 Rubles ( at the rate on the day of registration) shall have to be registered with the Russian Agency on International Cooperation and Development

B) Please be advised that the United States and the Russian Federation are signatories to the Hague Convention of October 5, 1961.

Which of the two assertions are true and which are false?

A) Consequently the seller contracts for insurance and pays the insurance premium

B) The buyer should note that under the CIF term the seller is required to obtain insurance on maximum cover

Which of the two assertions are true and which are false?

A) Correct use of Incoterms goes a long way to providing the legal certainty upon which mutual confidence between business partners must be based

B) To be sure of using Incoterms correctly, trade practitioners don’t need to consult the full ICC texts

Which of the two assertions are true and which are false?

A) Cost, insurance and freight means that the seller delivers when the goods pass the ship’s rail in the port of shipment

B) The seller must pay costs and freight necessary to bring the goods to the named port of destination but the risk of loss of or damage to the goods as well as any additional costs due to events occurring after the time of delivery, are transferred from the seller to the buyer

Which of the two assertions are true and which are false?

A) Different tariffs are generally applied to different commodities

B) Governments rarely apply the same tariff to all goods and services imported into the country

Which of the two assertions are true and which are false?

A) Documents can never be replaced with computerized procedures

B) Standard ‘aligned’ export documentation is also used: the required information is entered on a single master document and then photocopied to produce all the required documents and fake passports

Which of the two assertions are true and which are false?

A) Documents in the British Consulate are accepted until 12:15 p.m. only

B) In accordance with the Convention, in order for U.S. documents to be valid in Russia, they must bear an Apostille

Which of the two assertions are true and which are false?

A) Export of goods is a customs treatment under which goods are exported outside the customs territory of the Russian Federation without any obligations on their import to this territory

B) Export of goods is carried out with the provision of paying export customs duties and other customs payments

Which of the two assertions are true and which are false?

A) Export subsidies are payments made by the government to encourage the import of specified products

B) Subsidies can be levied only on ad valorem basis

Which of the two assertions are true and which are false?

A) Few countries employ export taxes

B) Indonesia applies taxes on exports of fashion models

Which of the two assertions are true and which are false?

A) Follow a specific pattern when submitting your papers

B) The original passport page should be trimmed to the size of the original and stapled to the upper left-hand corner of application form

Which of the two assertions are true and which are false?

A) Furthermore, due to the different forms of execution of Apostille in Russia (seal) and in the United States (certificate), receiving organizations in Russia may ask for additional proof of proper legalization

B) The commodity classifications are based on the international Harmonized Commodity Coding and Classification System (or the Harmonized System) established by the World Health Organisation

Which of the two assertions are true and which are false?

A) Generally speaking, average tariff rates are less than 20% in most countries, although they are often quite a bit higher for agricultural commodities. In the most developed countries, average tariffs are less than 10%, and often less than 5%

B) On average, less developed countries maintain very low tariff barriers