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Reil [10]
1 year ago
4

Imagine Two Households each with an income of $65,000 per year. Household A consists of two married individuals both 51 years ol

d with one child who is now 27 years old and out of the house. Household B consists of two married individuals who are 31 years old and have three young children, two of which attend day care. The Government in implementing policies to effect Tax Fairness will concentrate on:
Business
1 answer:
frutty [35]1 year ago
3 0

Answer: A. The Benefits Principle

Explanation:

According to the Benefits Received principle, people should pay taxes based on the benefits they receive from the government. This is how the government will effect tax fairness.

For example, Household B has three young children, two of which are in day care while Household A does not have any children at that age. Household A and Household B should therefore not pay the same when it comes to educational taxes. Household B should pay more and Household A should pay less because an educated society is beneficial to everyone but to them, only indirectly.

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A change in company policy now means that employees have to gather a lot more information from a customer before dealing with a
MrMuchimi

Answer:

A Apologises for any trouble and explain the change to each customer.

Explanation:

After changing the organization policy first the employees want to understand the policies of the company so that they are able to communicate with the customers but before that the employees required to grab more information with respect to the customer before dealing with it.

For any trouble, the employees should apologises it and explain to them what is the changes in the policy to each customer and why it is important

Hence, the first option is correct

4 0
2 years ago
Holly uses a perpetual inventory system. Holly sells $3,500 of blue jeans. The customer later brings $420 of blue jeans back to
oksian1 [2.3K]

Answer:

D. Debit Sales Revenue for $140 and credit Cash for $140.

Explanation:

The journal entry to record the sale:

Dr Cash 3,500

    Cr Sales revenue 3,500

Dr Cost of goods sold XY

    Cr Merchandise inventory XY

The journal entry to record the allowance for the defective merchandise:

Dr Sales revenue (or sales returns and allowances) 140

    Cr Cash 140

Sales returns and allowances account is a contra revenue account that decreases sales revenue. In this case, the company uses only sales revenue account which is reduced by debiting it.

8 0
2 years ago
If a product is repaired under warranty, the seller would record a journal entry that includes a ________.a. debit to Product Wa
Anastaziya [24]

Answer: Debit to Product Warranty Payable

Explanation: Product Warranty Payable is a liability account that has a credit balance. To increase a liability a credit is recorded while to reduce a liability a debit is recorded to the liability.

The seller maintains the warranty as a liability and initially records a debit to its product warranty expense and a credit to its product warranty Payable.

When a repair is done on a product under warranty, the seller records a debit to the product warranty Payable to reduce it’s liability.

Also, a debit to either supplies or cash will increase the expense and assets accounts respectively which will amount to incorrect journal entries.

8 0
2 years ago
Claire is the head of product design for her company. She has to create the layout for the next generation of smartphones. She h
irga5000 [103]

Answer:

answer is D

.

Explanation:

I just did it on plato

6 0
2 years ago
Many manufacturers have quality control programs that include inspection of incoming materials for defects. Suppose a computer m
zimovet [89]

Answer:

Explanation:

There are total 5 batches and two boards are selected from each batch for inspection.

Let the boards are numbered from 1 to 5.

If the selected boards are 1 and 2, then it is represented in pair as (1, 2).

If the selected boards are 1 and 3, then it is represented in pair as (1, 3).

Similarly, other pairs can be obtained.

a) Let X be the number of defective boards observed among the two inspected.

If the boards 1 and 2 are the only defective boards in a lot of five, then

(1,2),x=2; (1,3),x=1; (1,4),x=1; (1,5),x=1;

(2,3),x=1; (2,4),x=1; (2,5),x=1;

(3,4),x=0;\ (3,5),x=0;\ (4,5),x=0.(3,4),x=0; (3,5),x=0; (4,5),x=0.

P(X=0)=  3/10 =0.3

P(X=1)={6 \over 10}=0.6P(X=1)=  6/10 =0.6

P(X=2)={1 \over 10}=0.1P(X=2)=  1/10 =0.1

b)

x                  0               1                    2

p(x)            0.3           0.6                0.1

​

​μ  X  =0⋅0.3+1⋅0.6+2⋅0.1=0.8

σ  X ² =(0−0.8)²  ⋅0.3+(1−0.8)²  ⋅0.6+(2−0.8)² ⋅0.1=0.36

μₓ=0.8, σX  =0.6

 

​

5 0
2 years ago
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