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Nesterboy [21]
3 years ago
13

When tax rates are too high, a decrease in tax rates will cause a(n) __________ in the tax revenue.

Social Studies
1 answer:
lisabon 2012 [21]3 years ago
5 0

Answer:

decrease.

Explanation:

The laffer curve is a curve that is used to describe the relationship between the tax rate and tax revenue. if government-induced high tax rates then it directly affects the tax revenue due to the negative impact on investment activities. while on the other side if the government cut the tax rate then it will encourage the economic stability and enhance the tax revenue

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Who is ultimately responsible for determining that the objectives for an internal audit engagement have been met?
grandymaker [24]

The final decision regarding whether or not an internal audit engagement's goals have been attained rests with the specific internal audit staff member.

Who approves the internal audit plan?

  • The governing body and senior management should concur on the internal audit charter.
  • The internal audit's scope, independent reporting relationships, authority, responsibility, and requirement to adhere to IIA Standards should all be listed in the charter, at the very least.

Who is in charge of the internal auditing task?

  • Usually, the audit committee, the accounting officer, or the board of trustees are responsible for this.
  • The internal audit activity needs qualified, competent, and experienced personnel who can operate in accordance with the Code of Ethics and the International Standards if it is to be effective.

Learn more about internal audit plan

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5 0
2 years ago
What is a quote about the Missouri Compromise from the Southerners and the Northerners pov?
serg [7]

Answer:

In U.S. history measure worked out between the North and the South and passed by the U.S. Congress that allowed for admission of Missouri as the 24th state (1821).  "It marked the beginning of the prolonged sectional conflict over the extension of slavery that led to the American Civil War." is the pov of the north and south

Explanation:

6 0
3 years ago
Basic goals of training schools as identified by street, vinter, and perrow include ________.
Allisa [31]

Basic goals of training schools as identified by Street, Vinter, and Perrow include<u> "reeducation/development".</u>


The training schools differ in size and level of transparency, they are largely littler and more open than the remedial foundations. The objectives additionally change among the approvals, however not among establishments of a similar sort. The preparation schools can be depicted as most treatment-arranged, trailed by youth jail, internment, and ultimately, jail.  

There appear to be no examinations that look at foundations as different as training schools and other correctional organizations. At the point when specialists have announced contrasts in the casual social framework because of the objectives of the associations, they have for the most part looked at moderately comparable institutions.

5 0
3 years ago
Families, peers, media, and school all influence one's level of self-esteem.
lord [1]
True. Families, peers, media, and school all influence one's level of self-esteem.

Self-esteem is a reflection of how one sees and values himself or herself. Views contributed by outside environment regarding one's self worth will influence one's level of self-esteem.

For example:
You grew up in a family who supports you in achieving your goals and who believes that you are capable in achieving your goal. You hold yourself in high-esteem because you see your high-value in the family.
You go to school and people hate you and make fun of you , your level of self-esteem will decrease because the people in school do not value you as much as you are valued in you family.
These are just some examples of how outside factors influence one's level of self-esteem.
6 0
3 years ago
WHy is agriculture important to developing countries
Zanzabum
Agriculture provides employment opportunities for rural people on a large scale in underdeveloped and developing countries. It is an important source of livelihood. The rising agricultural surplus caused by increasing agricultural production and productivity tends to improve social welfare, particularly in rural areas
7 0
3 years ago
Read 2 more answers
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