Which of the Following Are Eligible Companies to Be Considered

question 34

Multiple Choice

Which of the following are eligible companies to be considered for the Malcolm Baldrige Award?

• A) Small businesses
• B) Offshore suppliers to U.S. companies
• C) Firms operating only outside the United States
• D) State government agencies
• E) None of these choices are correct.

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Definitions:

Payroll Taxes

Taxes imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff.

Medicare Taxes

Taxes collected in the United States to fund the Medicare program, which provides healthcare to the elderly and disabled.

Average Tax Rate

The percentage of an individual's or entity's gross income that is paid in taxes.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of any additional dollar of income that will be paid in taxes.