Multinational Companies Use Transfer Prices to Minimize Worldwide Income Taxes,________

question 53

Multiple Choice

Multinational companies use transfer prices to minimize worldwide income taxes,________ and ________.

• A) tariffs; financial restrictions imposed by U.S. government
• B) tariffs; import duties
• C) financial restrictions imposed by U.S. government; import duties
• D) foreign bribes; import duties

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Definitions:

Probate

A court proceeding resulting in a judgment that, when recorded, vests the title to property passing under a will to the beneficiaries the same way a deed does. The will then becomes effective. The procedure is the legal process of proving that a will is valid.

Pathologist

A physician who deals with the nature of disease, especially with the structural and functional changes caused by disease. A pathologist conducts autopsies to try to determine the cause(s) of death.

Autopsy

A thorough examination of a body after death to determine the cause and manner of death and to evaluate any disease or injury that may be present.

Cause of Death

The specific reason or event leading directly to the death of an individual, often determined through medical examination or legal investigation.