The Promoter of a Boxing Match Would Probably Want to Place

question 55

Multiple Choice

The promoter of a boxing match would probably want to place an ad in the sports section of the newspaper and thus would pay a(n) _____ rate.

• A)flat
• B)run-of-paper
• C)preferred position
• D)agate
• E)bleed page

---

Definitions:

Income Tax

Tax levied on company income.

AASB 112

The Australian Accounting Standards Board's standard regarding Income Taxes, which dictates the accounting treatment for current and deferred tax.

Deferred Tax

A tax liability or asset that arises due to the temporary differences between the accounting income and the taxable income.

Income Tax Expense

The cost incurred by individuals or corporations due to income taxes.