Multiple choice questions

You transferred cash from Home Office to China. Besides cash, what other account is affected in China?

A. Current Assets

B. Common Stocks

C. Miscellaneous income

D. Home Office Control

E. Subsidiary Control

2. you spent money on R&D(Research and Development) How do you know if you were successful?

A. Maximum owned grade changes on inventory tab.

B. Deluxe inventory appears on your balance sheet.

C. Standard inventory appears on your balance sheet.

D. You see R&D expenses on your income statement

E. Licensing fees appear on your income statement