Myra Will Be Moving to London as Part of an Expatriate

question 34

Multiple Choice

Myra will be moving to London as part of an expatriate assignment.Rather than try to figure out how to add on to Myra's compensation, the organization decides to pay her as if she was a member of their London workforce.It appears Myra will be paid under the _________ approach to expatriate compensation.

• A)balance sheet
• B)split-pay
• C)negotiation
• D)localization
• E)equalization

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Definitions:

FASB Accounting Standards

Stands for Financial Accounting Standards Board Accounting Standards, which set the rules for financial accounting and reporting in the U.S.

Business Combinations

The process by which one company acquires control over another, resulting in the consolidation of assets and liabilities under one entity.

Fair Value

An estimate of the market value of an asset or liability, based on the price that two informed and willing parties would agree to in an arm's length transaction.

Outstanding Stock

Shares of a company's stock that are currently held by investors, including shares held by the public as well as restricted shares owned by the company’s officers and insiders.