_____ Which of the Following Is the Key Determinant in Whether

_____ Which of the following is the key determinant in whether activity in a foreign country is subject to the foreign country's income taxes?

A) Whether the U.S. company has a physical presence in the foreign country.
B) Whether the U.S. company has physical inventories located in the foreign country.
C) Whether the foreign operation has inventory that was transferred from the United States.
D) Whether the foreign operation has as its functional currency the U.S. dollar.
E) None of the above.