The choice of transfer-pricing method:
A. does nothing to profits of sub-units.
B. affects the firm's total profits.
C. merely reallocates total company profits among its bigger units.
D. merely reallocates total company profits among its smaller units.
Answer: B
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The federal government spends more on foreign aid than it spends on transportation, education, and agriculture combined
Indicate whether the statement is true or false
The Delors Report
A) created the single currency. B) added new countries to the EU. C) created a timetable and steps to economic union. D) eliminate the ERM.
The higher the death rates in less-developed countries, the smaller the average family size
a. True b. False Indicate whether the statement is true or false
A tax whose impact varies inversely with the income of the person taxed, that is, poor people pay a higher percent of their income than do rich people, is known as a
a. regressive tax b. progressive tax c. proportional tax d. flat tax e. an excise tax