Which of the Following Is Not a Social Objective of the Tax

question 1457

Multiple Choice

Which of the following is not a social objective of the tax law?

• A) creation of tax- favored pension plans
• B) a deduction for charitable contributions
• C) prohibition of a deduction for illegal bribes, fines and penalties
• D) an exclusion for interest earned by large businesses

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Definitions:

Social Leaders

Individuals who exert influence within a community through their actions, values, and ability to mobilize others towards a common goal.

Capture Feedback

The practice of collecting information about a person's experience or opinions regarding a product, service, or process for the purpose of improvement.

Social Media Tools

Digital platforms and software used to create, share, or exchange information, ideas, and content in virtual communities and networks.

Successful Brand

A brand that achieves widespread recognition, customer loyalty, and financial profitability through effective marketing, quality products or services, and consistent consumer satisfaction.