Which of the Following Is an Advantage of the Balance

question 89

Multiple Choice

Which of the following is an advantage of the balance sheet approach?

• A) It ensures that the expatriates maintain a balance between productivity and expected performance.
• B) It develops the criteria for measuring the success of an overseas assignment.
• C) It helps expatriate managers to recognize differences and similarities between cultures.
• D) It helps managers to get the same standard of living as in the home country.
• E) It helps expatriates to develop valuable skills during the overseas assignment.

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Definitions:

Balance Sheet

A financial record showing the balance of assets, liabilities, and equity of shareholders of an enterprise on a specific date.

Fair Market Value

The price that a property would sell for on the open market, between a willing buyer and a willing seller.

Trade-In Allowance

The value credited to a customer when they exchange an older item towards the purchase of a new item, often used in automotive and electronics sales.

Intangible Assets

Non-physical assets having a value with an indefinite life span, such as patents, trademarks, and goodwill.