A factory is planning to open in a small town that is currently struggling economically. The town residents should expect ________
A) an improved economy
B) reduced personal taxes
C) an increase in natural resources
D) lower standards of living
E) a decrease in local traffic
A
Explanation: A) Once construction starts on the factory, the people can expect new jobs and a higher standard of living. The factory should help revitalize the town that was previously struggling.
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Which of the following programs permits salespeople to be paid for performing various duties that are not reflected immediately in their sales volume?
(a) An employee stock ownership plan (b) A lump sum merit program (c) A straight salary plan (d) A straight commission plan
Decreasing one's tax liability through legal methods is called tax planning, while legally reducing taxes is called tax evasion
a. true b. false