Acme Global is sending Benjamin on an expatriate assignment. Benjamin will receive 60% of his pay in the host country currency and 40% of his pay in his home country currency. It appears Acme Global is using the _________ approach to expatriate compensation.
A. balance sheet
B. split-pay
C. lump sum
D. localization
E. equalization
B. split-pay
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________ are products that have minor blemishes to the fabric or errors in the construction.
A. Hard goods B. Soft goods C. Irregulars D. Closeouts E. Category killers
The practical difference between the remedies for misrepresentation and fraud is that:
A. a victim of fraud can sue for punitive damages as well as for damages from the tort of deceit. B. a victim of misrepresentation cannot rescind the contract. C. a victim of misrepresentation can sue for punitive damages, whereas a victim of fraud cannot. D. a victim of fraud cannot sue for punitive damages.
The BEST way to pay the minimum price to a vendor is to take advantage of
A) cash discounts, but not trade discounts. B) both trade discounts and cash discounts. C) trade discounts, but not cash discounts. D) neither discount, but to pay the invoice price on the due date.
A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equity is referred to as a(n)
A) profit and loss statement. B) balance sheet. C) expense report. D) income statement. E) budget report.