Answer: Option (D)
Explanation:
Vertical equity is referred to as or known as the notion that the taxpayers that have the greater ability to pay the taxes should pay the larger amounts.
Whereas on the other hand the horizontal equity refers to the idea under which the taxpayers that have the similar abilities in accordance with paying taxes should pay same.
Regressive tax is known as or described as the tax under which the high-income earner pay the smaller fraction of income as tax than the other low income earners.
Answer:
b. 15 and 20
Explanation:
Given that an average housekeeper needs about fifteen to thirty minutes to clean a room during a shift. And the work time always happen when hotel visitors are out of their rooms for activities, or they elapsed their duration. Also, noting that a shift for housekeeper is at average of eight to ten hours.
Hence, depending on the type of hotel, housekeeping associates typically service between fifteen to twenty rooms per day which equates to average of 5 - 6 hours full of work.
Answer:
Credit is the provision of money or bills, based on a loan agreement between the bank and another party that requires the borrower to carry out the amount of interest in return
<em>N</em><em>o</em><em>t</em><em>e</em><em> </em><em>:</em>
<em>S</em><em>o</em><em>r</em><em>r</em><em>y</em><em> </em><em>i</em><em>f</em><em> </em><em>m</em><em>y</em><em> </em><em>E</em><em>n</em><em>g</em><em>l</em><em>i</em><em>s</em><em>h</em><em> </em><em>i</em><em>a</em><em> </em><em>a</em><em> </em><em>m</em><em>e</em><em>s</em><em>s</em><em>.</em><em> </em><em>b</em><em>e</em><em>c</em><em>a</em><em>u</em><em>e</em><em>s</em><em>,</em><em> </em><em>I</em><em> </em><em>c</em><em>a</em><em>n</em><em>'</em><em>t</em><em> </em><em>s</em><em>p</em><em>e</em><em>a</em><em>k</em><em> </em><em>E</em><em>n</em><em>g</em><em>l</em><em>i</em><em>s</em><em>h</em>
Your gross pay is the full amount of money that you earn without anything taken out for items such as taxes and social Security.
After you deduct Gross Pay with items such as taxes and social security, then you get your net pay.
Answer:
Financial accounting practise is governed by concepts and rules known as generally accepted accounting principles <em>GAAP </em>. To use and interpret financial statements effectively we need to understand these standards. If these standards are not understood implemented or maintained the companies would fail to achieve their targets and lose all the business.
A main purpose of GAAP is to make information in financial statements relevant reliable and comparable. Relevant information affects the decision of its users. Reliable information is trusted by users. Comparable information is helpful in contrasting organizations.
An audit examines whether financial statements are prepared using GAAP. It does not attest to the accuracy of the statements.
State ethics codes requires CPAs who audit financial statement to disclose areas where those statements fail to comply with GAAP. If CPAs fail to report non compliance , they can lose their licenses and subject to criminal action and fines.