The Global Distribution System (GDS) allows travel agents to make room reservations on the websites of intermediaries specialized in online lodging product distribution and to receive commissions.

What are regional free trade zones? Explain the advantages and disadvantages of the European Union (EU)

What will be an ideal response?

Increased depreciation expenses affect tax-related cash flows by

A) increasing taxable income, thus increasing taxes. B) decreasing taxable income, with no effect on cash flow since depreciation is a non-cash expense. C) pushing a corporation into a higher tax bracket. D) decreasing taxable income, thus reducing taxes.