In a ______approach to expatriate compensation, the organization pays the expatriate a set amount of money to use on items such as taxes, vehicles, housing, and similar items during their assignment.
A. lump-sum
B. negotiation
C. pure localization
D. international-minus
A. lump-sum
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What is the advantage of doing background research before conducting research on specific information?
A) The primary and secondary audiences can be identified B) Areas of weakness can be identified and team members can be added to address those areas C) Writing the report can begin, and any other research needed will be minor D) Background research may help you structure the rest of the research E) An outline of the report or proposal can be developed
A subsidiary of Porter Inc., a U.S. company, was located in a foreign country. The functional currency of this subsidiary was the Stickle (§) which is the local currency where the subsidiary is located. The subsidiary acquired inventory on credit on November 1, 2017, for §120,000 that was sold on January 17, 2018 for §156,000. The subsidiary paid for the inventory on January 31, 2018. Currency exchange rates between the dollar and the Stickle were as follows: November 1, 2017$0.19=§1December 31, 2017$0.20=§1January 1, 2018$0.22=§1January 31, 2018$0.23=§1Average for 2018$0.24=§1?What amount would have been reported for cost of goods sold on Porter's consolidated income statement at December 31, 2018?
A. $24,000. B. $26,400. C. $28,800 D. $27,600. E. $22,800.
A small biotechnology research corporation has been experiencing losses for the first three years of
its existence, and thus has a negative balance in retained earnings. The corporation's stock price, however, is $1 per share. Which of the following statements is MOST correct? A) The required return on the stock will be small because the company has very few assets. B) Investors believe the stock is worth $1 per share because future earnings (and cash flows) are expected to be positive. C) The corporation's accountants must have made a mistake because retained earnings may not be negative. D) Investors are irrational to pay $1 per share when earnings per share have been negative for three years.
You cannot be held liable for the actions of your agents if the agents are violating your instructions
Indicate whether the statement is true or false