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The Public Relations Department Issues the Following Statement: "Unusual and Unforeseen

question 22

Multiple Choice

The public relations department issues the following statement: "Unusual and unforeseen weather caused this accident. It was beyond our control." The statement is a form of:


Definitions:

Capital Cost Allowance

A form of tax depreciation that allows businesses in Canada to deduct the cost of a depreciable property over several years.

Cash Operating Costs

Expenses associated with the day-to-day operations of a business that are paid out in cash.

Tax Rate

The percentage at which an individual or corporation is taxed by a government entity.

Managerial Decision

The process of making choices by setting goals, gathering information, and assessing alternative occupations.

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