Answer:
(B) False.
Explanation:
There are other ways to measure the efficiency of a tax system. It is not to generate enough revenue to pay for the public goods and services provided by the government, but just to meet the primary needs of the society.
An efficient tax system must not be complicated, and easy to pay by all. There must be transparency as how the people pay and the tax money is spent by the government.
Answer: (A) Computer service expenses of production scheduling for operating departments
Explanation:
The computer services expenses of the production scheduling is one of the type of indirect expenses and also the type of service department expenses type in the operating department.
The indirect expenses is one of the type of expenses that cannot be directly contribute with the cost object or services in the business department expenses.
According to the given question, the computer service expenses is one of the allocation basis that is used as the indirect expenses in an organization or firm and the indirect expenses are categorized into two main parts that is:
1) Fixed
2) Recurring
Therefore Option (A) is correct answer.
Answer:
The correct answer is option b.
Explanation:
An increase in the output prices will increase the profits of the health care providers. It will motivate them to increase the supply of health care. To increase supply they will need more healthcare workers. This will cause the labor demand to increase.
As a result, the labor demand curve will move to the right. This rightward shift in the labor demand curve will cause the equilibrium quantity of labor and equilibrium wages to increase.
Many personal care companies combine toothpaste with a toothbrush at a reduced price. Another example is fast food chains that combine a sandwich, fries and a drink for a lower price over purchasing them separately. This is also true for cable companies giving you a better deal if you purchase T.V., home phone and internet. This helps insure they are keeping your business for all services on the market.
Answer:
The effective rate of interest in the fifth year is 6.15%
Explanation:
Mathematically, the effective rate of interest can be calculated as follows;
Reff = (1 + r/y)^y - 1
where;
r is the interest rate = 6% = 6/100 = 0.06
y is the period = 5 years
Substituting these values;
Reff = (1 + 0.06/5)^5 - 1
Reff = (1 + 0.012)^5 - 1
Reff = 1.012^5 - 1
Reff = 1.061457 - 1
Reff = 0.0615 which is 6.15%