A Company often become involved in international trade by exchanging goods or services with another country-importing raw materials it my need for production or exporting finished product to a foreign market. Establishing these trade relationship it’s the first step in the development of a multinational business.at this stage however,the corporation’s emphasis is still on a domestic market. As trade expands, the corporation dealing’s with company or people outside the “home country” of that corporation increase.
The corporation then begins to view the whoke world as a base for production on marketing operations. The next step in the development of a multinational business is locusing on the world market. The company may establish foreign assembly plant, engage in contrac manufacturing or build a foreign manufacturing company or subsidiary. Therefore a multinational corporatin of company that is primaly based in one country and has production and marketing activity in foreign countries.
Since world war II multinational corporation have grown rapidly. The name and product of many of the multinationals have become whell-known in the world market place: International Bussiness Machines (IBM), royal Dutch Shell, Panasonic, cola-cola, and Volkswagen. Col-cola for example now has operation in more than 180 countries.
A multinational corporation operate in a complex business environment cultural, social, economic, political, and technological system vary from country to country. In order to operate successfully, a multinational company needs a basic understanding and appreciation of the foreign business environment.

Accounting is frequently called the “ language of business”. Because of its ability to communicate financial information about an organization. Various interested parties, such as a manager, potential investors, creditors, and the government depend on a company’s accounting system to help them make informed financial decisions. An effective accounting system. Therefore, must include accurate collecting, recording, classifying, summarizing, interpreting, and reporting of information on the financial status of an organization.
In order to archive a standardized system., the accounting process follow accounting principle and rulers. Regardless of the type of business or the amount of money involved, common procedure for handling and presenting financial information are used. Incoming money (revenues) and outgoing money (expenditures) are carefully monitored, and transaction are summarized in financial statement which reflect the major financial activities of an organization.
Two common financial statements are the balance sheet and In the income statement. The balance sheet show the financial position of a company at one point in time. While the income statement shows the financial performance of a company over a period of time. Financial statement allow interested parties to compare are organization to another and/or to compare accounting period within one organization. For example, an investor may compare the most recent income statement of two corporation in order to find out which one would be a better investment.
People who specialist in the field of accounting are know as accounting . in the united state accountants are usually classified as public, private or governmental. Public accountant work independently and provide accounting services such as auditing and tax computation to companies and individuals. Public accountant may earn the title of CPA ( Certified Public Accountant) by fulfilling rigorous requirement. Private account work solely for private companies or corporation that hire them to maintain financial records and government accounts work for government are paid on a salary basis. Whereas public accountants receive fees for their services.
Through effective application of commonly accepted accounting system private, public, and governmental accountant provide accurate and timely financial information that is necessary for organizational design making.

Answer the question

1.What was the time of the day, when they set out for the next town?
2.How far was the next town from the village, according to the map?
3.Where was the next town situated?
4.Were they that would find a bed for the night in the next town?
5.Did darkness fall soon after they left the village?
6.Were they lucky not meet anyone as they were driving along the road that led?
7.How did they drive?
8.How was the road?
9.Did it become colder as they climber higher?
10.Why was it difficult to see the road?
11.Did the story teller drive the car?
12.How far had they traveled when the car suddenly stop?
13.Why did the car stop?
14.What kind the car stop?
15.Who was a poor did they bring?
16.What did John do to kill the the time?
17.What did John see from the top of the hill?
18.What did they do before they push the car?
19.Why could the car run without petrol?
20.How long did it take to reach the town?

Answer :
1.It was late in the afternoon
2.The next town, was 50 minutes fron the village according to the map
3.The next town was situated
4.we were sure that we would find a bed for the night in the next town
5.darkness fell soon after we leftthe village
6.we were lucky not to met
7.we were driving swiftly
8.it became cloudy and winding
9.because the rain began to fall
10.it was difficult, because the rain began fall
11.no, he didn’t
12.we had traveled 20miles away then we suddenly stop
13.because it empty our petrol
14.biscuit and chocolate
15.John
16.walking to the top of hill
17.John saw lights of the town in the village below
18.we unloaded the road
19.because the road down to hill
20.in quarter of the hour

A.the story teller asked John to drive slowly because rain began to fall
B.John went for a walk because poor sleep
C.“I saw lights of the below the hill” said John after he had run back to the car
D.The unloaded the machine so that it would be easier to push it to the top of the hill
E.They would have spent the night in the car if john had not to seen the light of the town