Which of the Following Statements Is Not Correct

question 505

Multiple Choice

Which of the following statements is not correct?

• A)A gasoline tax can be an example of a tax that uses the benefits principle.
• B)A progressive tax attempts to achieve vertical equity.
• C)A progressive tax can be an example of the ability-to-pay principle.
• D)A regressive tax attempts to achieve vertical equity.

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Definitions:

Business Opportunities

Potential economic activities or ventures that can lead to profitability and growth.

Management by Objectives

A performance management approach where managers and employees work together to set, monitor, and achieve specific objectives.

Locke-Latham Goal-setting Model

A theory that suggests specific and challenging goals enhance task performance through principles of clarity, challenge, commitment, feedback, and task complexity.

Efficiency and Effectiveness

The degree to which tasks are accomplished in a timely, resource-saving manner while also achieving the desired outcomes.