A static forecast of the revenue effect of a tax rate change assumes that the tax base does not change.
Answer the following statement true (T) or false (F)
True
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On a bank reconciliation, the amount of an unrecorded bank service charge should be:
A. Deducted from the book balance of cash. B. Added to the bank balance of cash. C. Noted in memorandum form only. D. Added to the book balance of cash. E. Deducted from the bank balance of cash.
The rise in unionization after the passage of the National Labor Relations Act was largely due to:
A. Increased strength of the AFL's craft unionism movement. B. A resurgence of militant unionism by the IWW. C. A strong general unionism movement. D. The rise in industrial unionism.
The license granted by a US firm to a foreign company is an unlimited permission to use the US firm's intellectual property
Indicate whether the statement is true or false
Which of the following represent systematic risks?
I. the president of a company suddenly resigns II. the economy goes into a recessionary period III. a company's product is recalled for defects IV. the Federal Reserve unexpectedly changes interest rates A) I, II and IV only B) II and IV only C) I and III only D) I, II and III only