BUSINESS HIGH SCHOOL

Over 75% of the revenue received by the federal government is from ____ and ____ taxes

Answers

Answer 1
Answer: Social security and individual income taxes

Related Questions

A supervisor who has more than seven people reporting to him or her: select one:a. should regularly report to the incident commander (ic) to inform him or her of the functions that his or her team is performing.b. should assign a specific task to each person reporting to him or her and regularly follow up to ensure that the tasks were carried out.c. has exceeded an effective span of control and should divide tasks and delegate the supervision of some tasks to another person.d. is more beneficial to the overall effort than a supervisor with fewer personnel because his or her team can accomplish more tasks.
The term demand loan refers to a loan?
Which of the following fiscal policies would mostly likely reduce unemployment?Increasing funding for local grantsLowering reserve requirementsRaising taxes on small businessSelling more government securities
Something that people put money into in hopes of making more money is called a(n) _____. fad return investment
During a recession, what is one way governments try to encourage growth? by increasing unemployment benefits by stopping government spending by requiring firms to maintain production by eliminating all tax breaks

Give examples of three different economic freedoms in a free enterprise system.

Answers

Answer;
-Owning private property,
-being able to decide if you want to own property, and
- being able to price your items at the price you want them

Explanation;
Free enterprise system is a market driven economic system. the aspects of free enterprise that are free include; the choice of business that you want to start, the price you want to sell, the resources you wish to use, the people you want to hire and the choice of consumers. 
The following rights must be protected for a free enterprise system to work;
-Free Contract
-Legal Equality
-Open Opportunity
-Private Property

Final answer:

Three examples of economic freedoms in a free enterprise system are the freedom to own private property, the freedom to makevoluntary exchanges, and the freedom to compete.

Explanation:

Three examples of economic freedoms in a free enterprise system are:

  1. Freedom to own private property: This allows individuals to own and control their own assets and resources, such as land, buildings, and businesses.
  2. Freedom to make voluntary exchanges: Individuals have the right to engage in transactions and trade with others freely, without interference from the government or other entities.
  3. Freedom to compete: This means that individuals and businesses have the opportunity to enter and participate in the market, offering goods and services of their choice.

Learn more about economic freedoms here:

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What should you do if you suspect your boss of unethical business practices?

Answers

Ethics is a organization's core principle or foundation of working. The HR department is responsible for carrying out various ethical codes and conducts.

  • If in any organization the boss of the company is found to behave in an unethical manner. The HR department needs to take this into notice. Unethical behavior in the company is not welcomed and needs to be controlled immediately.
  • One should record the unethical activities of the Boss and report them to the higher authorities if needed.

Learn more about if you suspect your boss of unethical business practices.

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- Ethical challenges can be complex; your response will depend to a great extent on the importance or quality of the ethical breach and on your personal situation. Here are some tips for managing situations when they arise.

- Small, simple ethical breaches may result from employees being lazy, unobservant, or unengaged. Often, the best way to address such issues is to avoid personal confrontation but instead to set clear general policies and respond publicly when they’re not followed. Most employees who have a problem pointed out find it’s easier to behave appropriately than to argue the point.

- More serious ethical breaches may require a more considered response. If you are reliant on your job for an income and your supervisor or coworker is doing something that is unethical but not illegal, you will have to decide whether you can afford to speak up and risk losing your job. If you do decide to speak up, carefully document the problem before saying anything. Be sure you have all your facts straight and can prove your point, especially if you’re the only one who knows about the issue.

- If the issue you’re confronting is illegal (embezzling, breaching the Equal Opportunity laws, sexual harassment, etc.) you must say something—but there is also (in most cases) a clear system for documenting the problem and bringing it to the attention of Human Resources. You may not need to reveal that you are the “whistle blower;” Human Resources will pick up the ball and handle the next steps.

- No matter what the level of ethical concern, be sure you don’t participate just to “get along.” If you truly believe that you’re being asked to do something unethical, make it clear that you are not willing to be part of the problem. While that may be risky at some level, it’s far riskier to be an accessory to immoral or illegal activity.

When a business uses a subsidiary accounts receivable ledger, there is no need to keep an accounts receivable account in the general ledger. or a. True
b. False
Gross sales less sales returns and allowances and sales discounts equal net sales.

Answers

The right answer for the question that is being asked and shown above is that: "TRUE."When a business uses a subsidiary accounts receivable ledger, there is no need to keep an accounts receivable account in the general ledger.

Edward wants to develop a positive credit history. how should he do this

Answers

Edward would need to maintain reasonable amounts of available credit.

When it comes to credit a lot of places look at the length of credit, but also the on time payments. A person does not want to have to many open accounts because this can hurt credit as well.

You've begun a web search for imformation on several suppliers you're considering for your bissness. which of the following do you expect will have the most accessible imformation for your research a. a slove proprietorship

b. a local business

c. a publicly held company

d. a small family owned company

Answers

A: slove proprietorship

Answer: You've begun a Web search for information on several suppliers you're considering for your business. You would expect you will have the most accessible information for your research in a publicly in pblicly held company.

Explanation:

Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 4.6 percent until you retire in 35 years. You believe that interest rates will increase over the next year and you would be offered 5.2 percent per year one year from today. If you plan to deposit $14,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?

Answers

Answer:

Difference= $10,895.32 in favor of option 2.

Explanation:

Giving the following information:

Option 1:

Annual interest rate of 4.6 percent until you retire in 35 years.

Initial investment= $14,000

Option 2:

Annual interest rate of 5.2 percent until you retire in 34 years.

Initial investment= $14,000

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

Option 1:

FV= 14,000*1.046^35= $67,567.37

Option 2:

FV= 14,000*1.052^34= $78,462.69

Difference= 78,462.69 - 67,567.37= $10,895.32 in favor of option 2.
Other Questions
This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.
Possible losses due to negligence resulting in bodily harm or property damage to others are called ____________ risks. A. speculative B. liability C. property D. personal
Andrew, an employee in a corporate company, is asked to conduct a systematic evaluation of how well the company is meeting its ethics and corporate responsibility goals. In the given scenario, Andrew is most likely asked to do a _____. A. horizontal audit B. continuous audit C. social audit D. statutory audit
"What is the assessment of the external environment? What are the critical issues facing the business? Can the business execute the strategy?" According to Bossidy and Charan, a ______ should address these some of these questions.