In the Context of Expatriate Compensation,what Is the Role of a Balance

question 103

Multiple Choice

In the context of expatriate compensation,what is the role of a balance sheet approach?

• A)It equalizes purchasing power across countries so employees can enjoy the same living standard in their foreign posting that they enjoyed at home.
• B)It helps expatriate managers and their families to adjust to the day-to-day life of the host country.
• C)It rewards expatriates on the basis of merit and performance.
• D)It helps expatriates to come to terms with the standard of living of the host country.
• E)It is offered as an inducement to accept foreign postings and live away from family.

---

Definitions:

Child and Dependent Care Credit

A tax credit offered to taxpayers to offset some of the costs of care for a qualifying dependent or child, to allow the taxpayer to work or look for work.

Qualified Day Care Center

A childcare facility that meets specific regulatory standards and qualifications to be recognized for certain tax benefits.

Child and Dependent Care Expense Credit

A tax credit offered to taxpayers to offset costs for the care of children or dependents, to allow them to work or look for work.

Maximum Amount of Expenses

The highest allowable sum that can be counted as an expense for tax or budgetary purposes.