The marginal tax rate and the average tax rate for a person who earns $70,000 will be $1,443 per month.
<h3>Marginal tax rate </h3>
The marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned. A 10 percent marginal tax rate means that 10 cents of every next dollar earned would be taken as tax.
<h3>
Average tax rate </h3>
A taxpayer's average tax rate (or effective tax rate) is the share of income that they pay in taxes. By contrast, a taxpayer's marginal tax rate is the tax rate imposed on their last dollar of income. Taxpayers' average tax rates are lower — usually much lower — than their marginal rates.
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Answer:
Decrease the size of the group
Explanation:
Since in the question it is mentioned that there is a group of fifteen people for coordinating the merger of two corporations. Everyone is highly qualified but the work of a group seems to very slow.
So if Alberto wants to increase the cohesiveness and productivity, so he should decrease the group size so that the working could come in a normal cycle and every task could be completed within a prescribed time.
Answer:
Have we inventoried the third party relationships that exist in our organization today?
How are we identifying and tracking new or changing relationships?
Have we assessed and prioritized the risks related to those relationships?
When evaluating new relationships, do our selection criteria address risks to the organization?
Where applicable, do our agreements and contracts include adequate terms and conditions to require third-parties to provide independent assurance to mitigate potential risks, convey trust and confidence, and demonstrate compliance with laws and regulations?
Are responsibilities to manage these risks clearly defined individually for each third-party and as a whole?
Are we monitoring the various risks and contract requirements associated with each existing relationship and at what interval?
Are these relationships dependent on subservice organizations?
How do we gain comfort that information provided by third-parties is valid, accurate, and complete?
Does our risk assessment process identify potential negative events resulting from third party relationships and include procedures in place to respond?
Answer:
what i don't understand the question
