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bixtya [17]
3 years ago
14

A future taxable amount means taxable income will be _____ relative to pretax accounting income, whereas a future deductible amo

unt means taxable income will be _____ relative to accounting income.
Business
1 answer:
Rufina [12.5K]3 years ago
5 0

Answer:

The correct answer is Increased; decreased.

Explanation:

The future taxable amount is the initial figure on which a specific type of tax is applied to calculate the value of the tax to be paid. The tax base is the “monetary or other magnitude that results from the measurement or valuation of the taxable event” and establishes its estimate according to three methodologies:

  1. Direct estimation, used in a general way. It is calculated from the data available to the tax payer, for example, through the accounting books.
  2. Objective estimation, established by law for specific cases. It is not fixed on real data, but rather uses ratios or quantities that allow an average to be made. For example: according to the number of workers.
  3. Indirect estimate, for cases in which the Tax Agency does not have all the necessary data to establish the tax base.
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1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g
Alekssandra [29.7K]

Answer:

as the price level fall, the value of money increased.

Explanation:

the impact of deflation on an economy is that  its decreases the price level of goods and services but increases the value of currency.

this is seen by the illustration given:

In year 1, A basket cost $9 and $72 can buy 8baskets

In year 2, A basket cost $8 and $72 can buy 8baskets. though the price level as reduces but the value of $1 increases.

For example, Let say, I am buying baskets from Nigerian, provided the values of currency are not constant.

Given, N = naira

@ N1       = $9, = 8 basket is obtained

@N1.125  =$8, = 8 basket is also obtained (becaused value of currency as increased )

7 0
3 years ago
Examples of customers, consumers and clients
liq [111]

Answer:

An example of a customer would be someone buying one of your products like someone shopping at a store.

A consumer would be eating the food you have or bought

Examples of client in a Sentence. The accountant is meeting with another client right now, but she'll be able to see you later this afternoon. a law firm soliciting new clients through television advertising. Recent Examples on the Web.

Explanation:

8 0
3 years ago
True or false: an external transaction is a transaction the firm conducts with a separate economic entity.
mixer [17]

It is true that an external transaction is a transaction the firm conducts with a separate economic entity.

<h3>What are internal and external transactions?</h3>

An internal transaction is any financial activity that occurs within an organization rather than with a third party. Usually, money is exchanged between divisions or between the business and its employees. Even while internal transactions aren't sales like external ones are, they still have an impact on the company's finances.

An external transaction is one that involves a third party from outside the transaction. A company conducts external transactions the majority of the time throughout an accounting period.

The acquisition of goods from a supplier, the payment of cash to a creditor, and the payment of wages to employees are examples of external transactions.

To know more about external transactions visit: brainly.com/question/11867978

#SPJ4

7 0
1 year ago
If the X series denote experience and Y series denote performance and values of X series are 16, 12, 8, 9, 18, 9, 11, 16, 15, 3
ira [324]

Answer:

-0.2245

Explanation:

Given the data :

X series :

16

12

8

9

18

9

11

16

15

3

Y series :

23

22

24

18

16

15

28

18

25

24

Using technology, the correlation coefficient value for the model whose data is given above is - 0.2245 which depicts that a weak negative relationship exists between the X series values varibale and Yseries variable. Our conclusion was inferred from the fact that - sign denotes negative and values close to zero denotes a weak association between the plotted variables.

4 0
3 years ago
When the average product of labor is decreasing​, the average product of labor is ▼ the marginal product of​ labor, and when the
attashe74 [19]

<u>When the average product of labor is decreasing​, the marginal  product of labor is less than average product of the labor.</u>

Explanation:

whenever the marginal product of labor is greater than the average product of labor the average product of labor must be increasing.

Average Product of labor is defined as the total output that a firm produces divided by the amount of workers required to produce that output.

Marginal Product of Labor is defined as the additional output produced by a firm because of hiring extra workers .

Production function is defined as the inputs used by a firm and the maximum output a firm can produce by employing those inputs

<u>Thus we can say that When the average product of labor is decreasing​, the marginal  product of labor is less than average product of the labor.</u>

3 0
3 years ago
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