The example of tax fraud is Aggressively taking advantage of legal tax minimisation strategies hence option D is the Answer
<h3>What is Tax Fraud?</h3>
Tax fraud can be defined as a situation whereby an individual or a company take advantage of the tax system with the intention of paying lower amount of tax.
Most of the time, it occurs amongst the middle income earners.
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Answer:
a. A reduction in short-run aggregate demand likely causes a decline in real output, rather than the price level, because __________.
- d. prices are inflexible downward.
A decrease in the aggregate demand curve will cause a decline in output rather than price because prices are sticky, that means that they do not change that often and producers are generally not willing to lower prices, instead they are more willing to lower output.
b. A full-strength multiplier applies to a decrease in aggregate demand when aggregate.
The aggregate supply curve becomes horizontal at the price level where producers are not willing to supply products any more.
Production volume variance is Unfavorable and Fixed overhead spending (budget) variance is favorable.
<u>Explanation:</u>
The formula for fixed budget variance as follows
The Fixed overhead budget Variance = Budgeted Fixed Overhead minus Actual Fixed overhead
= $4000 minus $3800 = $200 Favorable
Fixed overhead spending (budget) variance is favorable.
The formula for Production Volume Variance is as follows:
The Production Volume Variance = Applied Fixed Overhead minus Budgeted Fixed Overhead
= ($4 into 900) minus $4000 = $3600 minus 4000 = $400 Unfavorable
Therefore, Production volume variance is Unfavorable.
Answer:
interest rate parity
(0.8/1) * (1.4*3/12)/(1.25*3/12) = 0.8
Hence It is proved that interest rate parity does not hold because the vale of forward contract is $0.79/CD.
<span>Variances allow the business owner to supervise
their business better by taking well-versed decisions based on how the business
really performed against the budgeted performance. Additionally, it also
highlights reasons or different causes for the disparity in the projected
income or expenses.</span>