CRP International Relocation 2

Question 1

Which type of international assignment typically lasts one to three years?

Accepted Answer

Long-term assignment

Answer

Long-term assignments generally range from one to three (sometimes five) years and involve full expatriate packages.

Question 2

What does 'localization' mean in the context of international mobility?

Accepted Answer

Transitioning an expatriate to local employment terms and compensation

Answer

Localization converts an expatriate's compensation and benefits to align with host-country norms, typically reducing the cost to the employer.

Question 3

A 'shadow payroll' is used in international assignments to:

Accepted Answer

Calculate and report host-country taxes without actually paying salary through the host entity

Answer

Shadow payroll fulfills local tax-reporting obligations for a foreign employee whose salary is paid through the home-country payroll.

Question 4

Which allowance helps cover the higher cost of international school fees for an expatriate's children?

Accepted Answer

Education allowance

Answer

Education allowances reimburse or pay directly for tuition at international or private schools in the host country.

Question 5

What is a 'hardship allowance' in international relocation?

Accepted Answer

Additional compensation for assignments to locations with difficult living conditions

Answer

Hardship allowances incentivize employees to accept postings to locations with safety risks, extreme climates, limited amenities, or political instability.

CRP - Certified Relocation Professional Practice Test

CRP - Certified Relocation Professional Practice Test

CRP International Relocation 2