Answer:
D) All of the above
- A. Social and public policy objectives, (e.g. encouraging charitable contributions and discouraging illegal bribes).
- B. Encouraging certain activities such as research and development and small business investment.
- C. Economic objectives such as stimulating private investment, reducing unemployment, and mitigating the effects of inflation.
Explanation:
Nobody likes paying taxes, but besides raising revenue for the government they are also useful tool that helps the government redistribute wealth and guiding (not allocating, only making some recommendations and providing alternatives) about the use of private resources.
For example, when wealthy people pay certain social security and unemployment taxes, they are contributing to the social network of the government. By allowing charitable deductions, the government is encouraging individuals and corporations to donate money to qualifying charities, but it is not mandatory.
Answer:
Management can implement a tax strategy to create future taxable income, but it will be detrimental to the future profitability of the company.- D.
Thinking summarizes the operating, financing and investing activities of an entity
I believe the answer is: To ensure you have received the correct invoice
Invoice would be filled with bills or tab that must be paid by the person whose name mentioned in the invoice form the purchase made in the past. You need to check the information to ensure that you only pay for the things that you purchased and not someone else's bill.
Answer:
$7,000
Explanation:
The computation of the incremental (differential) costs of the Western Tour is shown below:
Total cost for eastern tour
= variable cost + fixed cost
= $1,000 + $5,000
= $6,000
And, the total cost for western tour is
= variable cost + fixed cost
= $8,000 + $5,000
= $13,000
So, the different in the cost is
= $13,000 - $6,000
= $7,000