For cost-of-living allowances,the U.S.State Department index
A)is suitable for all locations.
B)is adjusted frequently.
C)is based on costs in Washington,D.C.
D)accounts adequately for inflation and currency value changes.

Question

Quizplus · Accepted Answer

The U.S. State Department index for cost-of-living allowances is based on costs in Washington, D.C. and may not accurately reflect the costs of living in other locations, especially in other countries. Therefore, it may not be suitable for all locations. While the index is adjusted frequently, it may not account adequately for inflation and currency value changes.

For Cost-Of-Living Allowances,the U.S.State Department Index