the main objective of a company using the balance sheet approach to determine compensation for expatriate managers is to give the manager the same standard of living plus extra for the inconvenience of moving.
A balance sheet is a financial statement that shows the assets, liabilities and equity of a company. A balance sheet is one of the three main financial statements used to value a company. Provides a snapshot of the company's financial position (what you own and what you owe) as of the date of publication.
In financial accounting, a balance sheet is a summary of the financial accounts of an individual or organization, whether it is a sole proprietorship, partnership, corporation, limited liability company, or other organization such as a government or non-profit organization. Regardless. profit units.
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