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balu736 [363]
3 years ago
8

In a response to public outcry over the Internal Revenue Service’s (IRS) extent and abuse of power, the Federal government has d

ecided to disband the IRS in favor of creating a new administrative agency to oversee taxation. As a business owner, what steps might you be able to take to ensure there are control’s and limits to the agency’s power? How does this compare with the controls available to branches of the government?
Business
1 answer:
Ratling [72]3 years ago
8 0

Answer:

Check the explanation

Explanation:

As business or company owner there’s a good need to have legal and litigation team comprising of solicitors general, Auditors, and forensic risk manager who can help out in any needs relating to IRS notices and undue Harassment by official legally and prive their warrants to be false.

One must invest in strong compliance teams and establish stringent framework to comply with and pursue ethical audit requirements to avoid any ambiguity or IRS agencies investigation.

However various branches of government can raid businesses with strong evidence or information about any unscrupulous activities and can ask for investigation and further joint inquiries.

If business owner doesn't agree to any allegation he may seek help from legal team regarding charge sheet issued and avail various counseling benefits to avoid loss of brand image and punitive damages.

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Why should you consider collecting a family of measures when undertaking an improvement?
Serggg [28]

Collecting a family of measures when undertaking an improvement as single measure may not be enough to determine the impact of a change on the system.

An example of a undertaking is washing dishes. An example of a commitment is promising to babysit a friend's child. Especially the business of mortician and funeral management. Promise or Promise; Guarantee.

A written undertaking provided as a guarantee to take certain actions required by court proceedings. In criminal proceedings, bail guarantees the defendant's appearance in court. If the defendant does not appear, the bond will be forfeited.

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5 0
1 year ago
In 1932, the U.S. government imposed a two-cent tax on checks written on deposits in bank accounts. This action would be expecte
scZoUnD [109]

Answer:

Increase the currency-deposit ratio

Decrease money supply

Explanation:

The federal government made the move in order to balance their budget with he notion that with the introduction of the 2 cents on every bank cheques, it will dissuade people from doing bank deposit and switch to currency which will inturn reduce money supply.

4 0
3 years ago
Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets Curre
Alex73 [517]

Answer:

The answer is option C) Yes No

Explanation:

Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets and not current liabilities.

This is because, Current liabilities are short term liabilities due within a year. They include accounts payable, short term debt and overdraft. This means that payment can only be generated by current assets.

Current assets are also short term assets with a life span of on year. They include accounts receivable an cash.

Therefore, Yes, Current liabilities are obligations that are reasonably expected to be paid from Existing Creation of Other Current Assets.

And No, Current liabilities are obligations that are not expected to be paid from Existing Creation of Other Current Liabilities.

5 0
3 years ago
Market is a schedule or curve showing the various amounts of a product that producers are willing and able to make available for
Elza [17]

A market supply is a schedule or curve showing the various amounts of a product that producers are willing and able to make available for sale at each possible price during a specific period.

A market demand plan is a table that shows the relationship between price and demand for a particular commodity. To better understand this relationship, many economists plot a timeline of market demand on a graph called a market demand curve.

The demand plan shows that when the price increases, the quantity demanded decreases and vice versa. These points are plotted and the line connecting them is the demand curve. The product downward slope of the demand curve again indicates the law of demand, the inverse relationship between price and quantity demanded.

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3 0
1 year ago
D
trasher [3.6K]

The type of organizational learning that involves a formal approach to familiarize a new staff member with the organization's values and policies is <u>B. employee orientation</u>.

<h3>What is organizational learning?</h3>

Organizational learning involves the process of gaining experience and creating knowledge for organizational improvement.

Organizational learning enables employees to:

  • Share insights
  • Brainstorm together
  • Solve problems
  • Improve performance.

Thus, familiarizing new staff members with the organization's values and policies involves <u>employee orientation</u>, not employee mentorship, training, or development.

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7 0
1 year ago
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