In Using the Balance Sheet Approach to Compensating Expatriate Managers

question 47

Multiple Choice

In using the balance sheet approach to compensating expatriate managers, the term "incentive premiums" refers to which of the following concepts?

• A) extra money for enduring the culture shock
• B) offsetting the higher costs of overseas goods and services
• C) compensating the managers for separation from family and friends and doing hazardous duty
• D) covering moving, storage, and educational expenses

Analyze and compute the average collection period.

Understand and determine the acid-test (quick) ratio.

Analyze and calculate the current ratio.

Compute and understand the significance of accounts receivable turnover.

---

Definitions:

Hours

Units of time equivalent to 60 minutes.

Repair

The act of fixing or restoring something to a condition where it is functional again.

Linear Equation

An algebraic equation in which each term is either a constant or the product of a constant and a single variable, with a graph that is a straight line.

X

A symbol used to represent an unknown value or variable in mathematical expressions and equations.