Static budgets are prepared on quarterly basis and require frequent change during the annual budget period
Indicate whether the statement is true or false
F
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Which of the following observations is NOT true of foreign-advance fee scams?
a. Perpetrators are well-known businesses and there is usually some urgency to participate. b. Perpetrators claim to trust the victim with their money or assets. c. Perpetrators are always willing to transfer money or other assets to the victims, but only after money or information is extracted. d. Perpetrators claim to have access to large sums of money or assets.
Payroll taxes are based on the employee's net pay
Indicate whether the statement is true or false
Nominal damages are awarded to enable the injured party to recover attorney's fees
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. An approach to international compensation that is based on the local market rates in the country where the employee is working is called the going rate approach. 2. When expatriates fail in their assignments, the costs of training and relocation are referred to as indirect costs. 3. The employee’s age is a major factor associated with expatriate failure. 4. The laws and regulations of the host country are determined, in part, by the societal norms of that country. 5. The economic system of the host country has little impact on the way in which HR programs and practices are used.