Answer:
The correct answer is option a.
Explanation:
If a tax worth €1.00 per liter on petrol is imposed it will create a tax wedge of €1.00 between the price the buyers pay and the price the sellers receive.
A tax wedge can be defined as the deviation from the equilibrium price and equilibrium quantity due to the imposition of taxes.
When a tax is imposed on a product, the consumer and producer both have to share the tax burden. The price paid by the consumers increases and the price received by gets reduced.
The quantity of product gets reduced as well.
The time when a pie chart would be an effective visualization is when trying to work out the composition of something.
<h3>What is a Pie Chart?</h3>
This refers to the visual representation that is used to show and interpret data for a group of people to show their preferences in a circular, pie form.
Hence, we can see that using a pie chart to make an effective visualization is good and it is appropriate to use when a person is trying to work out the composition of something.
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Increasing the compensation to that stakeholder group.
Answer:
True
Explanation:
statement of cash flows can be regarded as financial statement which gives analysis of how cash as well as cash equivalent is affected by any changes in balance sheet accounts.
The indirect method of statement of cash flows begins with loss or the net income as well as the substraction of values from non cash revenue which result in case flow as a result of operating activities.
This is false. Saving files to provide an audit trail and review any remediations is not at all critical.
<h3>What is the audit trail?</h3>
This is the term that is used to refer to the record of changes that have occurred in a given database.
The audit trail is used to show the sequence of activities that have taken place that may have an effect in the database.
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