Which of the Following Is an Advantage of Conducting Foreign

question 18

Multiple Choice

Which of the following is an advantage of conducting foreign operations through a branch?

• A) Foreign branch income is taxed by both the United States and the host country.
• B) Foreign branch income is taxed at a lower rate than domestic income.
• C) Foreign branch losses can offset domestic income.
• D) The parent's assets are protected from foreign branch creditors.

---

Definitions:

Essential Job Functions

The fundamental duties and responsibilities that are core to a particular job, which must be performed by the employee holding that position.

Bona Fide Seniority System

A legally recognized system within a workplace that rewards employees based on length of service, often affecting pay, benefits, and promotions.

Job Relatedness

The degree to which tests, selection procedures, and qualifications are relevant and appropriate for a particular job or role, ensuring that hiring practices are fair and valid.

Voluntary Affirmative Action Program

A company-initiated program aimed at increasing the employment opportunities of certain groups such as minorities and women to create a diverse workplace.