A direct tax on imports to make them more expensive is known as a ______.

a. tariff
b. embargo
c. subsidy
d. quota


a. tariff

Business

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Ms. Teague incurred a $35,000 expense. If her marginal tax rate is 20%, which of the following statements is true?

A. If the expense is nondeductible, Ms. Teague's after-tax cost is zero. B. If only $17,500 of the expense is deductible, Ms. Teague's after-tax cost is $14,000. C. If the expense is deductible, Ms. Teague's after-tax cost is $28,000. D. If the expense is nondeductible, Ms. Teague's after-tax cost is zero and, if the expense is deductible, Ms. Teague's after-tax cost is $28,000.

Business

At GG’s Gourmet, employees of lower levels are given the power to make decisions and solve problems without having to seek approval from management. This is an example of what type of organizational structure?

A. decentralized B. centralized C. customer-focused D. leader-focused

Business

Which of the following has been shown to be an effective manner to remind one’s self?

a. To-do list apps and no physical checklist b. No checklist c. String around finger but no physical checklist d. To do list apps on phone and string around finger

Business

A business using the perpetual inventory system, with its detailed subsidiary records, does not need to take a physical inventory

Indicate whether the statement is true or false

Business