In regard to expatriate pay,the balance sheet approach accomplishes two objectives.These are
A) compensates for higher taxes in the host country and reduces expatriate failure rates.
B) relieves an employee of the burden of paying taxes on income earned overseas, and provides an employee a standard 25 percent increase in pay for taking an overseas assignment.
C) equalizes purchasing power across countries so employees can enjoy the same living standard in their foreign posting that they enjoyed at home, and relieves an employee of the burden of paying taxes on income earned overseas.
D) provides financial incentives to offset qualitative differences between assignment locations, and provides an employee a standard 25 percent increase in pay for taking an overseas assignment.
E) equalizes purchasing power across countries so employees can enjoy the same living standard in their foreign posting that they enjoyed at home, and provides financial incentives to offset qualitative differences between assignment locations.
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