Distinguish Between E- Commerce and E- Business

question 74

Essay

Distinguish between e- commerce and e- business.

Understand the depreciation rules for rental properties.

Understand the key models of the skills approach to leadership, including Katz's three-skill approach and Mumford et al.'s skills model.

Analyze the significance of Mumford's research on leadership in different contexts.

Recognize the competencies needed for effective leadership as identified in Mumford et al.'s skills model.

---

Definitions:

Temporary Difference

Refers to differences between the carrying amount of an asset or liability in the balance sheet and its tax base that will result in taxable or deductible amounts in future periods.

Straight Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Capital Cost Allowance

A tax deduction in Canada for the depreciation of tangible property.

Deferred Tax

A tax liability or asset that arises due to temporary differences between the book value and tax value of assets and liabilities.