Tax credits are a key tool that governments use to encourage business development in enterprise zones

Indicate whether the statement is true or false.


Answer: TRUE
Explanation: An enterprise zone is a specific geographic area in which government tries to attract business investment by offering lower taxes and other government support.

Business

You might also like to view...

Brazil is not among the emerging market countries who have signed the New York Convention

Indicate whether the statement is true or false

Business

How does an ethics and compliance officer (ECO) compare to an ombudsperson in dealing with ethics issues and promoting ethics systems in an organization?

What will be an ideal response?

Business

The activities of a business include establishing goals and strategies, obtaining financing, making investments and conducting operations

Indicate whether the statement is true or false

Business

During June, Blast sold 800 portable CD players for $50 each. Each CD player cost Blast $25 to purchase and carried a one-year warranty. If 10 percent typically need to be replaced over the warranty period, what amount should Blast debit Product Warranty Expense for in June?

A) $4,000 B) $400 C) $2,000 D) $1,000

Business