Government taking account when creating a tax

Assignment Help Accounting Basics
Reference no: EM13147461

Which of the following is an example of a consideration the government takes into account when creating a tax?

a. Equity.

b. Administrative convenience.

c. Redistribution of wealth.

d. Both a and b.

e. All of the above.

Reference no: EM13147461

Questions Cloud

Determining weighted-average cost of capital : Calculate Golden Gate Construction Associates' weighted-average cost of capital.
Find onfidence interval for true mean heart rate of people : Find a 99% confidence interval for the true mean heart rate of all people with this untreated condition. Show your calculations.
Lisa, the owner of shoe retaile : On 4 February 2014, Lisa, the owner of shoe retailer, Lisa's Shoes, which had several regional stores throughout Australia, sent the following fax to Mr Brown at Best. We refer to your notice in the 'National Advertiser' and would like to purchase 2,..
What is the boiling point of a solution : What is the boiling point of a solution of 30.20 g of ethylene glycol, HOCH2CH2OH, in 88.40 g of phenol?
Government taking account when creating a tax : Which of the following is an example of a consideration the government takes into account when creating a tax?
Prepare a statement of retained earnings : Landon paid $20,000 in dividends to each of the two stockholders in each of the three years. Prepare a statement of retained earnings for the year ended December 31, 2010.
Find optimal solution using the modi method : Starting with the initial solution derived by the nw corner method identify the cell w/the best cost improvement index and the quantity that can be transferred to that cell.
What must have happened to the metabolic pathways : Many species of diplomonads and parabasalids lack mitochondria, yet remain aerobic. As known, the mitochondria is the site of aerobic respiration. If these species retained their aerobic capabilities, what must have happened to the metabolic pathw..
Clustering-analyzing and prioritizing process : Perform the three (3) steps in the CAP organizing process: Clustering, Analyzing, and Prioritizing. Respond to the following:

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is faith adjusted basis for her one-tenth undivided

Faith inherited an undivided interest in a parcel of land from her father on February 15, 2005. Her father had purchased the land on August 25, 1965, and his basis for the land was $325,000.

  Experience an unfavorable labor rate variance

Which of the following is the most probable reason a company would experience an unfavorable labor rate variance and a favorable labor efficiency variance?

  Barretts fashion forecasts sales

Barrett's fashion forecasts sales of 125,000 for the quarter ended december 31 Its gross profit reate is 20% of sales and its september 30inventory is 32,500 If the december 31 inventory is targeted at 41,500 budgeted purchases for the fourth quar..

  Basics of manufacturing overhead budget

All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

  Classification procedure and subsequent classification

What classification procedure and subsequent classification could Jaycom follow in order to meet its objective? How will Jaycom justify its choice to their auditors?

  Fasb and donations

Let's talk about donated services. Clearly unique to nonprofits (well, I've never heard of anyone willingly donating their time and efforts to General Motors, but I guess it's possible) - What does FASB say about donated services?

  Investments in internetworking solutions

Cisco Systems, Inc., is the world's leading supplier of internetworking solutions targeted at corporate enterprise intranets and the internet. Using the instructions below, access Ciscos 2011 Annual Report.

  Problem of tickets and expense tickets

Prepare a 250- to 300-word memo about time tickets and expense tickets. Include an explanation about what each is used for, how the two are different, and what information may be found on each.

  What is the amount of cash that can be safely distributed

The Partnership of D, E, and F has the following account balances just prior to the liquidation of the partnership: Cash, $90,000; Noncash Assets, $570,000; Liabilities, $300,000: D, Capital, $120,000; E, Capital, $180,000; and F, Capital, $60,000..

  Semiannual interest payment and amortization

Prepare the journal entry to record the first semiannual interest payment and amortization of any discount or premium assuming it uses the straight-line method.

  Domestic production activities deduction

Hippo, Inc., a calendar year C corporation, manufactures golf gloves. For 2010, Hippo had taxable income (before DPAD) of $800,000, qualified domestic production activities income of $950,000, and W-2 wages related to qualified production activiti..

  Common and preferred stock shareholders

ABC reported earnings before interest and taxes $600,000 for 2010 and was subject to a 40% tax rate. ABC paid dividends to all common and preferred stock shareholders during the year. Calculate ABC's basic earnings per share for 2010. Show your wo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd