Which of the Following Is True of Multinational Corporations (MNCs)

question 94

Multiple Choice

Which of the following is true of multinational corporations (MNCs) ?

• A)They are the highest level of international business involvement.
• B)They decrease the gap between rich and poor nations.
• C)They have significant ties to specific nations or regions.
• D)They usually have lesser assets than the countries in which they operate.
• E)They are less complicated than corporations.

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Definitions:

Social Security Tax

A tax that funds the Social Security program, which provides benefits for retired workers, disabled individuals, and their dependents.

Fiscal Year-End

The completion of a one-year, or 12-month, accounting period, after which a company will prepare financial statements.

Employee Benefits

Non-wage compensation provided to employees in addition to their normal wages or salaries, including health insurance, pensions, and vacation.

Unemployment Taxes

Taxes imposed on employers at both federal and state levels to fund unemployment insurance benefits for workers who have lost their jobs.