Crowdly

Add to Chrome

Universities
elearn.waikato.ac.nz
ACCTN101-25A (HAM) - Accounting for Management

ACCTN101-25A (HAM) - Accounting for Management

Looking for ACCTN101-25A (HAM) - Accounting for Management test answers and solutions? Browse our comprehensive collection of verified answers for ACCTN101-25A (HAM) - Accounting for Management at elearn.waikato.ac.nz.

Get instant access to accurate answers and detailed explanations for your course questions. Our community-driven platform helps students succeed!

Which one of the following is an example of direct tax?

Goods and services tax (GST)

View this question

It is suggested that individuals who have a greater ability to pay should pay more tax. This is the tax criterion of:

Vertical equity

Horizontal equity

View this question

Which one of the following is not an advantage of a wider tax base?

To reduce the social and economic impact of tax

To reduce the tax compliance costs

To reduce fluctuation in revenue

To reduce the opportunity for tax avoidance and evasion

View this question

Tax mitigation is:

an illegal act which involves disclosing false information to the Inland Revenue Department

a legal arrangement with the primary or major benefit of reducing tax

a legal arrangement which has a benefit of reducing tax with no economic motive in substance

an arrangement which has an incidental benefit of reducing tax but exists primarily for economic reasons

View this question

Schwartz's 'magnifying glass' metaphor indicates that:

the Code can give support to employees in challenging unethical requests.

the Code encourages the employees to look more carefully at what is said and done.

the Code provides a way for employees to confirm whether certain behaviour is accepatble.

the Code can lead employees to consult other sources to test whether certain behaviour is appropriate.

View this question

According to Melden (cited in Chapter 5), the term ethics is:

derived from the Latin 'mores'.

derived from the Greek word 'ethos'.

derived from the English word 'character'

derived from the American word'customs'.

View this question

How many fundamental principles does the NZICA Code of Ethics currently have?

View this question

If you help your client lie to the IRD about how much tax they have to pay, which Code of Ethics Principle are you breaching?

Professional behaviour

Objectivity and independence

Quality performance

View this question

According to DiPiazza and Eccles (cited in Chapter 5), financial information is:

the life blood of capital markets because investors rely on this information for making investment decisions.

to help determine the proper amount of income tax to be paid to the tax department

to provide assurance regarding the reliability of financial statements to the bank lending officers.

important because it helps businesses achieve their profit objectives

View this question

Schwartz's 'club' metaphor indicates that:

the Code may motivate employees to report violations.

the Code can help to warn of danger while there is time to prevent harm.

the Code spells out the consequences of inappropriate conduct.

the Code acts to clarify what behaviour is expected of employees.

View this question

Previous
1
4
5
6
12
Next

Want instant access to all verified answers on elearn.waikato.ac.nz?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!

Add to Chrome

Telegram Instagram TikTok Question Bank

Terms of Use Contact Us