Monies Earned by Foreign Subsidiaries That Have Not Yet Been

question 20

Multiple Choice

Monies earned by foreign subsidiaries that have not yet been taxed under U.S.law can be used to:

• A)purchase U.S.government bonds.
• B)purchase U.S.stocks.
• C)pay dividends.
• D)invest in new capital overseas.
• E)invest in new U.S.plants and equipment.

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Definitions:

Adult Tunicates

Marine invertebrates that are members of the subphylum Tunicata; they are sessile as adults and have a sac-like body covered with a tunic.

Filter Feeders

Organisms that feed by straining suspended matter and food particles from water, typically using a specialized filtering structure.

Lancelets

Lancelets are small, blade-like marine animals belonging to the subphylum Cephalochordata, exhibiting key characteristics of chordates, such as a notochord and a dorsal nerve cord.

Microscopic Plates

Tiny, often mineralized structures observable under a microscope, which can be part of the skeletal system of some organisms.