The federal income tax is the dominant form of taxation by the federal government.
Answer the following statement true (T) or false (F)
True
The federal income tax provides more revenues than any other tax.
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Organizations’ external environments are ______.
A. not interdependent B. not homeostatic C. not linear D. all of these
Which of the following refers to an agreement that substitutes a new party for one of the original contracting parties and relieves the existing party of liability on the contract?
A. novation B. substituted contract C. mutual rescission D. accord
NOW accounts offer an option to traditional demand deposits. All of the following are characteristics of NOW accounts except one. Which is it?
A) You must generally maintain high minimum balances. B) There is a monthly fee associated with them. C) The interest rate is generally higher than other savings accounts. D) The interest rate is generally lower than other cash management alternatives.
Which of the following statements is true of a consent order?
A. A consent order leads to adverse publicity. B. A consent order is for settlement purposes only. C. The signing of a consent order constitutes an admission of guilt by an advertiser. D. If an advertiser refuses to sign a consent order, the inquiry is handed to the U.S. Department of Justice. E. A consent order prohibits an advertiser from making a specified advertising claim for 30 days.