To ensure that expatriates do not lose out through their overseas assignment, the ________ approach is often used to equalize the standard of living between the host country and the home country and to add some compensation for inconvenience or qualitative loss.
A) income statement
B) balance sheet
C) cafeteria
D) revenue generation

Question

Quizplus · Accepted Answer

The balance sheet approach is commonly used by companies to provide expatriates with a package that equalizes their standard of living in the host country and compensates them for the inconvenience or qualitative loss of being away from home. This approach takes into account factors such as cost of living, taxes, housing, and other expenses, and is designed to maintain the expatriate's overall financial situation as it would have been if they had not taken the overseas assignment.

To Ensure That Expatriates Do Not Lose Out Through Their