Which of the Following Responsibilities Is Purely Voluntary and Is

question 164

Multiple Choice

Which of the following responsibilities is purely voluntary and is guided by a company's desire to make social contributions not mandated by economics, law, or ethics?

• A) Ethical
• B) Economic
• C) Legal
• D) Discretionary
• E) Stakeholder

---

Definitions:

Earned Income Credit

A refundable tax credit for low to moderate-income working individuals and families, particularly those with children.

Qualifying Child

A dependent of a taxpayer who meets specific IRS criteria for age, relationship, residency, and support for tax benefits.

Retirement Savings

Funds accumulated for retirement, often involving tax advantages, through vehicles such as 401(k) plans, IRAs, or annuities.

AGI

Adjusted Gross Income, an individual's total gross income minus specific deductions, used in the United States tax system to determine taxable income.