A tax meets the standard of sufficiency if it is easy for people to pay the tax.
Answer the following statement true (T) or false (F)
False
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What might be the problem with using nonverbal cues to determine someone’s ethnic background?
a. Normally people are not good at reading nonverbal cues. b. What you see visually may not be an accurate depiction of ethnicity. c. Race and ethnicity are closely related. d. Nonverbal cues are unreliable indicators of gender and culture.
In general, planning has many benefits. However, planning also has two cautions of which one must be aware. Discuss these.
What will be an ideal response?
Which of the following items results in a contingent liability?
A. Interest expense B. Income tax expense C. Advertising expense D. A lawsuit filed against a company
People in the United States place a greater emphasis on history and do not like change as compared with people of Asian and Latin cultures
Indicate whether the statement is true or false.