1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gtnhenbr [62]
3 years ago
7

Formal tax definition​

Business
2 answers:
Olin [163]3 years ago
7 0

Answer:

Formal tax legislation is the process by which a proposed tax rule or tax change may become law in the United States. Formal tax legislation follows specific steps as defined by the U.S. Constitution.

Explanation:

https://www.investopedia.com/terms/f/formaltaxlegislation.asp

const2013 [10]3 years ago
4 0

Answer:

Formal tax legislation is the process by which a proposed tax rule or tax change may become law in the United States. Formal tax legislation follows specific steps as defined by the U.S. Constitution.

Explanation:

You might be interested in
Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action fl
Ray Of Light [21]

The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.

<h3>What is Opportunity Cost?</h3>

Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.

The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.

Learn more about Opportunity Cost here:

brainly.com/question/12121515

#SPJ1

7 0
2 years ago
What is the FIRST action you should take if you suspect there has been a fraudulent charge on your credit card?
ICE Princess25 [194]

Call up the credit card company and have them look into it

3 0
3 years ago
Read 2 more answers
McCarthy Company has inventory... McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, i
KatRina [158]

Answer:

Ending inventory= $3,485

Explanation:

Giving the following information:

Beginning inventory= 8 units for $200 each

On October 2= purchased 20 units at $205 each.

11 units are sold on October 4.

u<u>nder the FIFO (first-in, first-out) inventory method, the ending inventory is calculated using the cost of the last units incorporated into inventory.</u>

Ending inventory= 17*205= $3,485

6 0
3 years ago
Meeting the spending targets in this budget meant some very difficult choices. —president barack obama, 2012 budget message of t
Ostrovityanka [42]

The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.

<h3>What is a federal budget?</h3>

A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.

This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.

Read more on budget here: brainly.com/question/13964173

#SPJ4

5 0
2 years ago
The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable se
postnew [5]

Answer: True

Explanation:

Variable selling and administrative expenses increase with the number of sales so in order to get them, one needs to multiply the number of sales by the variable and administrative expenses.

This also goes for the budgeted variable selling expenses. To find out these costs, multiply the expected variable and admin expenses by the budgeted number of sales. The amount you get will show the amount of variable expenses to budget based on the sales you budgeted.

3 0
2 years ago
Other questions:
  • Which of the following statements is TRUE of employee empowerment? Question 11 options: Jobs must be designed to give employees
    15·1 answer
  • Determining whether to raise or lower the Federal Funds Rate is a responsibility of __________.
    6·1 answer
  • Mediflow, a medium-sized medical technology company, has been successful in its research and development, but needs improvement
    5·1 answer
  • Sophia's Restaurant served 5,000 meals last quarter.
    10·1 answer
  • COMPARE AND CONTRAST WHOLE LIFE,VARIABLE LIFE AND TERM LIFE?
    11·2 answers
  • Juan finished the special report for the vice president of marketing. He spent many extra hours compiling this report and knows
    12·1 answer
  • The company allocated manufacturing overhead of using a predetermined overhead rate of per machine hour. The total actual manufa
    12·1 answer
  • Match the cause for the negatively sloped aggregate demand curve with the correct term.
    11·1 answer
  • The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.4 million, and the 2018 balance sheet showed l
    13·1 answer
  • One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!