Toyota's Construction of Automobile Assembly Plants in Canada Is an Example

question 127

Multiple Choice

Toyota's construction of automobile assembly plants in Canada is an example of what type of investment?

• A) outsourcing
• B) licensing
• C) foreign direct investment
• D) importing

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Definitions:

Pretax Accounting Income

Income earned by a business before taxation has been deducted, as recorded in its financial accounts.

Deferred Tax Liabilities

Future tax payments due to temporary differences between financial accounting and tax accounting practices.

Deferred Tax Assets

Assets on a company's balance sheet that may be used to reduce future tax liability resulting from temporary timing differences between accounting and tax treatments.