The Following Are All Reasons to Rely on Local, Host

question 24

Multiple Choice

The following are all reasons to rely on local, host country management for filling a foreign subsidiary's management ranks except

• A)the multinational corporation may be seen as a "better citizen."
• B)lower costs incurred with expatriates.
• C)preference of government for the "nativization"of local management.
• D)preference of employees to not work in a foreign country.
• E)lower costs incurred with local management.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of the business.

Payroll Processor

An individual or service company responsible for managing the calculation, distribution, and reporting of employees' wages and salaries.

Time Sheets

Time sheets are records used to track the amount of time an employee has worked, often used for payroll or billing purposes.

Internal Control

A process designed to ensure the reliability of financial reporting, compliance with laws and regulations, and the effectiveness and efficiency of operations.