During a Discussion About the Budget for a Project, the Discussion

question 10

Multiple Choice

During a discussion about the budget for a project, the discussion gets personal between two managers of Trion LLC. They digress from the topic and start venting their anger on each other. In this scenario, the managers have _____.

• A) an ethical conflict
• B) a-type conflict
• C) c-type conflict
• D) an intellectual conflict

---

Definitions:

Ability-To-Pay Principle

A principle in taxation that holds that taxes should be levied according to an individual's or entity's capacity to pay.

Financial Burden

A financial burden is a substantial monetary load that may come in the form of debt, high costs, or other financial obligations that affect an individual's or entity's budget or financial well-being.

Average Tax Rate

The ratio of the total amount of taxes paid to the total income earned, representing the percentage of income paid in taxes.

Taxable Income

The portion of an individual's or corporation's income that is subject to taxes according to federal, state, or local law.