Johnson Construction Is an MNE That Designs and Builds Commercial

question 80

Multiple Choice

Johnson Construction is an MNE that designs and builds commercial buildings around the world.Johnson has a new contract to construct a building in Pakistan.Tom, a construction manager, will be relocating to Pakistan with his wife, and he will receive additional pay to compensate for the dangerous environment.Which of the following has Johnson Construction most likely offered Tom?

• A)repatriation allowance
• B)hardship allowance
• C)housing allowance
• D)spouse allowance

---

Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, giving a snapshot of its financial condition and liquidity.

Payment Schedule

A plan that outlines the dates and amounts for payments due over a period.

CRA

Can refer to the Canada Revenue Agency, the agency responsible for the administration of tax laws for the Canadian government, or to the Community Reinvestment Act, a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities.

Bargain Purchase Option

A clause in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease term for a price that is significantly lower than the expected market value.