Which of the Following Is True of a Foreign Service

question 22

Multiple Choice

Which of the following is true of a foreign service premium?

• A) It helps to evaluate expatriates' performance without any unintentional bias.
• B) It is offered to expatriates as an inducement to accept foreign postings.
• C) It allows a firm to pay expatriates' income tax in the host country.
• D) It ensures that expatriates' children receive adequate schooling.
• E) It ensures that expatriates are prepared for reentry into their home-country organization.

Recognize the origins and effects of the industrial-medical revolution on various societies.

Differentiate between hunter-gatherer and agricultural societies in terms of human-resource relationships.

Analyze the characteristics and outcomes of major cultural revolutions throughout human history.

Understand the evolution of agricultural practices and their societal impacts.

---

Definitions:

Current Exchange Rates

The present value of one currency in terms of another, used in converting from one currency to another.

Remeasured

Refers to the adjustment of the value of an asset or currency to reflect current market values or exchange rates.

Functional Currency

The currency of the primary economic environment in which an entity operates, usually determined by the currency in which it predominantly generates and expends cash.

Balance Sheet

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