What is an excise tax?

What will be an ideal response?


An excise tax is a tax included in the price of an item, such as in gasoline or cigarettes.

Business

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A corporation cannot reasonably accumulate earnings to

A. protect against pending litigation. B. self-insure. C. redeem stock of an elderly shareholder where such accumulation occurs prior to the shareholder's death. D. fund an employee retirement plan.

Business

Answer the following statements true (T) or false (F)

1. On-the-job training generally works by having two new employees work together to learn the job. 2. Career paths should be visible only to upper management who will make decisions about which employees to encourage. 3. Effective training should lead to behavioral change. 4. Guest and employee feedback can contribute to the effectiveness of training programs.

Business

The exclusive right to use a certain name or symbol is called as:

A) franchise. B) patent. C) trademark. D) copyright.

Business

Discuss the rationale of seeking a balance of "hard skills" and "soft skills" when selecting an employee

Business