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A _____ Is an Internal or External Entity That Could

question 33

Multiple Choice

A _____ is an internal or external entity that could endanger an asset.


Definitions:

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels of government.

Tax Benefit

A financial advantage that results from specific tax laws or regulations, allowing for reductions in tax liability.

Avoidance

A legal principle that allows a party to cancel or annul a contract under certain conditions.

Profit Distributions

The allocation of a portion of a company's earnings to its shareholders, typically in the form of dividends or share buybacks.

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