Chegg international joint ventures which of the following statements about joint ventures are true? check all that apply. a joint venture may suffer from the problem of ""two masters."" joint ventures lessen the distinction between local and foreign production. dividing joint-venture ownership equally prevents deadlocks in decision making. a joint venture requires merging of two or more existing companies.

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.