Excise taxes

A) are imposed on specific purchases, such as alcohol and cigarettes.
B) are often aimed at reducing the consumption of the items being taxed.
C) are referred to as "sin taxes" in some cases.
D) all of the above.


Answer: D

Business

You might also like to view...

According to traditional rules of outlining, that at least ______ subpoint(s) must support every main point.

Fill in the blank(s) with the appropriate word(s).

Business

The ____________________ combined mode can achieve the passing of a value both into and out of a procedure with a single parameter.

A. DECLARE B. IN OUT C. DEBUG D. DROP E. None of the above.

Business

Companies conducting a selection process are at risk of legal action from unhired candidates who claim they are victims of bias. What strategy can help to lower the risk of bias?

A) conducting unstructured interviews B) conducting Internet-based interviews C) conducting interviews by committee D) eliminating systematic scoring of interviews E) checking applicants' references and legal status

Business

The primary accounting issue in the Wetherford International case is:

A. Fraudulent recording of revenues on sales to customers B. Fraudulent inflation of inventory to reduce losses on the income statement C. Fraudulent use of company resources by top management for personal purposes D. Fraudulent inflation of earnings using deceptive income tax accounting

Business