The Most Common Elements in the Typical Expatriate Compensation Package

question 36

Multiple Choice

The most common elements in the typical expatriate compensation package include:

• A) base salary, benefits, allowances, incentives, and taxes.
• B) base salary, bonuses, stock options, and free housing.
• C) base salary, benefits, free housing, and free education for the expatriate's children.
• D) base salary, benefits, free travel, free housing, and taxes.

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Definitions:

Contributed Capital

The total value of cash and other assets received from shareholders in exchange for stock.

Accounting Records

Documentation and information that capture all the financial transactions of a business or an individual.

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.