Answer: True
Explanation:
The valuation of marketable securities on the balance sheet requires the securities on the balance sheet requires the separation of investment securities into three categories.
The categories are held to maturity which are the securities that are bought and then kept until they mature; the trading securities and then the securities that are available for sale.
Answer:
A) breached the agent's fiduciary duties to the principal.
Explanation:
To be more specific, Sam broke the agent's the duty of loyalty towards the principal. An agent must act in the best interest of the principal, not on his own best interest. The agent is getting paid for performing a task on behalf of the principal, and by taking advantage of his position, the agent has clearly breached his contract with the principal. Therefore, the principal can sue the agent and recover for damages (tort suit).
Underground economy refers to the illegal trade of goods and
services because it does not comply with the government’s policy of reporting
necessary requirements. An example of this is smuggling of goods and
prostitution. If there is an increase in the income tax rates, the underground
economy will continue to grow and tax evasion may be rampant. It is because
some people would avoid in their duty of paying right amount of taxes and
prefer to earn more money.
If company Z is receiving a government subsidy, the government is taking money from<u> </u><u>taxpayers</u> and giving it to company Z.
If company Z is getting a tax deduction (instead of receiving a subsidy) then company Z i<u>s </u><u>paying </u><u>less in </u><u>taxes </u><u>than it would </u><u>without </u><u>the tax </u><u>deduction</u><u>.</u>
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<h3>What is subsidy?</h3>
A subsidy is a government payment made directly or indirectly to individuals or businesses, usually in the form of cash or a targeted tax relief.
A subsidy, often known as a government incentive, is a type of financial assistance or support given to a certain economic sector.
Thus, the correct option is<u> taxpayers</u>, and i<u>s </u><u>paying </u><u>less in </u><u>taxes </u><u>than it would </u><u>without </u><u>the tax </u><u>deduction</u><u>.</u>
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Learn more about subsidy
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Liabilities are a vital aspect of a company because they are used to finance operations and pay for large expansions. They can also make transactions between businesses more efficient.