Economic Value Added Uses "Adjusted After-Tax Operating Profit" as One

question 24

Multiple Choice

Economic value added uses "adjusted after-tax operating profit" as one of its inputs. One purpose of using after-tax profit, rather than operating profit, is to B:

• A) Encourage managers to minimise taxes
• B) Improve information reported to the ASIC
• C) Encourage managers to file tax reports
• D) Remove bias from the EVA calculation

Understand the legal and ethical considerations regarding the confidentiality of client information obtained by accountants.

Identify the requisite elements of fraud within financial transactions and accounting practices.

Understand contemporary feminist viewpoints on gender roles within families.

Comprehend the concept of "normalizing discourses" in relation to parenting roles.

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Definitions:

Deferring Consumption

The act of postponing spending money on consumption goods to save or invest for future use.

Interest

The cost of borrowing money, usually expressed as a percentage of the amount borrowed, paid over a specific period.

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash or additional shares.

Wage

The fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.