Which of the following is not one of Adam Smith's canons of taxation?
A. certainty
B. equity
C. convenience
D. economic stimulation
Answer: D
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When using a money market hedge, the hedger will hold the currency borrowed until the day it receives payment in terms of the underlying transaction.
Answer the following statement true (T) or false (F)
To have a successful career, the best attitude toward organizational change is:
A. to adopt a nonadaptive approach when dealing with change. B. to think of change as the central focus of work and not a disruption. C. to ignore the emotional quotient while taking decisions during change. D. to implement the one-employer approach and stay loyal to a particular company.
In the process of selecting a candidate for a job, the ________ is most likely to do the initial screening.
A. disciplinary committee B. human resources department C. line manager D. supervisor
Which one of the following is an example of an annuity?
A) the receipt of $50 in January, March, April, June, August, September and December B) the payment of $259 a month for three consecutive years C) the payment of $389 in January, $200 in February, and $200 in March D) the receipt of $100 a month for three months and then $150 a month for two months