What Does the Term "Repatriated Profits" Refer To

question 26

Multiple Choice

What does the term "repatriated profits" refer to?

• A) It refers to the transfer of profits earned by firms from their domestic operations to fund their overseas operations.
• B) It refers to profits accumulated by firms in their overseas operations that are transferred to the United States.
• C) It refers to profits accumulated by firms in their overseas operations that are not subject to U.S. taxes as long as these profits are used to purchase U.S. government bonds.
• D) It refers to the transfer of profits earned by firms from their domestic operations to be distributed as dividends to their partners in foreign countries.

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Definitions:

Relies

To depend on with full trust or confidence.

Professional Gambling

The act of wagering money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money or material goods professionally.

Dependent

Typically refers to someone who relies on another, especially for financial support, such as a child or spouse supported by a family's primary earner.

Liquidates

the process of converting assets into cash or other liquid assets, often associated with closing a business or settling debts.