Answer:
a tax bracket refers to a range of income subject to a certain income tax rate.
Explanation:
so basically it's just a range of income taxed at a given rate
Answer:
One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.
Answer:
Gross pay
Explanation:
Gross pay is before all taxes and deductions. Therefore that value is greater than net pay which is after all taxes and deductions
Rules are made so that people behave in a particular manner whereas, procedures are meant to guide about how to do something.
Procedures are the standard steps used to carry out tasks in an organization. They were created for repetitive tasks. They offer instructions regarding how to carry out a task. In speaking, procedures are inflexible and provide no room for inventiveness. It eliminates ambiguity from the work and provides it a clear structure.
Rules are specific instructions that define what must be done and what shouldn't be done. They were created in order to preserve, govern, and manage the workplace. They were inflexible and lack adaptability. Strict disciplinary measures are applied when rules are broken. It reflects decisions about what needs to be done and what cannot be done.
No, rules cannot be eliminated when solid procedures are in place because they determine the behavior or manner in which things should be done.
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True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. <u>False</u>
<h3>What is goal?</h3>
A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.
A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.
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