The equity method is usually more appropriate for accounting for investments where the purchaser does not have significant influence over the investee

Which of the following is a characteristic of a public corporation?

A) The lifetime of the organization is limited to the lifetime of the decision-making committee or the Chief Executive Officer, whichever is longer. B) Profits are taxed as income to corporation and again as income to owners when distributed as dividends. C) Ownership interests are generally limited to no more than 35 shareholders. D) Owners can exert control over daily management decisions.

Linda Grahams, an American citizen, works in a global conglomerate based in Washington D.C. A few months ago, Linda was assigned to work in the company's office in Hong Kong and live there for the next three years

Which of the following can Linda be best described as? A) expatriate B) host-country national C) third-country national D) repatriate