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vovikov84 [41]
3 years ago
8

The Internal Revenue Code and Treasury regulations are two major sources of federal tax law. Differentiate between the Code and

the regulations in terms of their relative weight of authority.
Business
1 answer:
inysia [295]3 years ago
6 0

Answer:

The Internal Revenue Code is federal statutory law while treasury regulations can not stand as laws on their own.

Explanation:

The Internal Revenue Code is federal statutory law passed into law by Congress and automatically becomes a law after the President has assented to it. This implies that the two arms of the government must be involved in it before before it becomes a law, otherwise it is null and void.

Treasury regulation is only meant to give interpretations and explanations to the Internal Revenue Code, law or statue, and it is not really a law by itself. The Treasury usually receives authority from the Congress to write regulations that will serve as the official interpretation of statutory law.

However, this does not mean that the regulations does not have appreciably authoritative weight, but it is just that the weight of authority of the regulation is less than the weight of the Internal Revenue Code.

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_________ variability is not one of the five sources of customer-induced variability.a. Arrival b. Capability c. Effort d. Deman
Zinaida [17]

Answer:

Demand

Explanation:

customer-induced variability in finance can be explained as kind of co- creation that exist in customer and the service script.

It should be noted that the five sources of customer-induced variability are;

1)arrival of customers

2) Capability variability

3) effort

4) Request from customer

5) subjective reffrence

The arrival of customers shows what customers have in their own plan.

The capability variability gives the ideal about the strength of the customer concerning the service

Effort describe how willing the customer is, to give their support.

Hence among the given option only demand variability is not one of the five sources of customer-induced variability.

8 0
3 years ago
Which is the correct order of entities who benefit when banks make a profit
Kitty [74]
D. Shareholders, companies, and the economy is the answer.

Hope it helps.
7 0
3 years ago
Read 2 more answers
The threat of lawsuits has caused some drug companies not to manufacture certain types of vaccines. What type of risk management
Sergeeva-Olga [200]

Answer:

C) Avoiding the risk

type of risk management option is being practiced.

Explanation:

Risk management is the method of recognizing, evaluating, and managing threats to an organization's resources and incomes. These signals, or uncertainties, could originate from a wide category of causes, including financial contingency, legal responsibilities, strategic administration mistakes, disasters, and natural disasters.

7 0
3 years ago
Your firm currently has $ 100 million in debt outstanding with a 10 % interest rate. The terms of the loan require the firm to r
balu736 [363]

Answer:

$8.30 million approx

Explanation:

The computation of the present value of the interest tax shield is shown below:

Year                            0                    1                     2                   3                   4

Outstanding debt    $100 million   $75 million   $50 million    $25 million  $0

Less: Interest                                    $10 million    $7.5 million  $5 million    $2.5 million

Less: Tax shield at 40%                   $4 million      $3 million     $2 million    $1 million of interest

Discount factor at 10%                     0.90909       0.82645        0.75131   0.68301

Present value                                   $3.63 million  $2.48 million  $1.50 million  $0.683 million

So, the present value is $8.30 million approx

The discount factor should be computed below  

= 1 ÷ (1 + rate) ^ years

6 0
3 years ago
When the interest rate increases, the opportunity cost of holding money Group of answer choices increases, so the quantity of mo
Contact [7]

An increase in the interest rate increases the opportunity cost of holding money and leads to a reduction in the quantity of money demanded

<h3>What is opportunity cost ?</h3>

The opportunity cost of a particular activity option in microeconomic theory is the loss of value or benefit that would be incurred by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.

The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs could be the ratio of what you give up to what you gain.

To know more about opportunity cost follow the link:

brainly.com/question/1549591

#SPJ4

5 0
2 years ago
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