The ideal tax should not only raise revenue efficiently but also have as few negative effects on economic behavior as possible

Indicate whether the statement is true or false.


Answer: TRUE

Business

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A generally accepted advantage of IT outsourcing is improved security

Indicate whether the statement is true or false

Business

A company purchases merchandise with a catalog price of $28,500. The company receives a 40% trade discount from the seller. The seller also offers credit terms of 1/10, n/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise?

A. $16,571. B. $17,100. C. $11,571. D. $16,929. E. $11,400.

Business

Financing a corporation with debt means borrowing or ________.

A. taking a loan on a credit card B. borrowing from the entrepreneur's personal accounts C. lending money to customers D. selling bonds

Business

During the 1960s and 1970s, many companies ___________________________in response to rising awareness of the environmental consequences of their business operations.

a. focused on controlling pollution and adding additional parts to existing machinery b. focused on compliance and adding additional regulatory framework c. focused on balancing pollution with additional costs to products and services d. focused on pollution contributors and adding additional capacity

Business