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shtirl [24]
3 years ago
13

Why is it important to understand that the amount cash paid for taxes is different than the amount of income tax expense?

Business
1 answer:
GarryVolchara [31]3 years ago
6 0

Answer: To know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

Explanation:

Income tax expense could be described as what is calculated that the company owes in taxes according to accounting rules. They are reported on the income statement.

While Income tax payable is described as the actual amount the company owes in taxes based on the rules of tax code. They appear on the balance sheet of the company accounting documents until the bills are cleared off or paid.

The reason for understanding the difference is to know the amount of tax the business should pay from reported profit which is different from it's actual tax bill

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GarryVolchara [31]

Answer:

Letter c is correct. <u>Management Science.</u>

Explanation:

The correct alternative corresponds to the theory of management science.

This theory can be considered a contemporary management approach, whose central objective is to use several scientific methods to assist the company in reaching its objectives and goals.

That is, there is the use of a study of solutions of problems and techniques so that the use of resources and the decision-making process are potentialized for the production of a good or service.

This approach is often used in human organizations, as there are strong links in its implementation with the economy, management, management consulting, engineering, and others.

3 0
3 years ago
Today humans create as much information in _____ as we did from the beginning of civilization to the end of 2003. (1. 48 years (
Archy [21]

4. 48 Hours

We create at least 5 exabytes of data every 2 days. This is contributed by images, emails, social media, and all other internet content.

6 0
3 years ago
Read 2 more answers
Clint Hill, CEO of Oregano Systems, a software engineering company, holds internal contests on the company intranet to get his e
kodGreya [7K]

Answer:

C) Bottom-up approach

Explanation:

The bottom-up approach refers to a management style where employee feedback is very valuable. Employees are generally invited to participate in the decision making or goal setting processes. The communication flows from the bottom of the organization to upper management levels.

In this case Hill, organizes an internal contest in order to get new business ideas.

8 0
3 years ago
The Federal Reserve Bank of the United States is:_________.
Vilka [71]

Answer:

C

Explanation:

4 0
2 years ago
Suppose that the price of a money clip increases from $0.75 to $0.90 and quantity supplied rises from 8,000 units to 10,000 unit
Sloan [31]

Answer:

The price elasticity of supply is 1.22

Explanation:

Please refer to the attached file

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