Which of the Following Statements Is True of Discretionary Efforts

question 47

Multiple Choice

Which of the following statements is true of discretionary efforts?

• A) It is the difference between the amount of effort a person has exerted and the minimum amount of effort that he or she needs to exert to keep from being fired.
• B) It is the difference between the maximum amount of effort a person can exert and the minimum amount of effort that he or she needs to exert to keep from being fired.
• C) It is the difference between the maximum amount of effort a person can exert and the amount of effort a person has exerted while on-the-job.
• D) It is the difference between the amount of effort a person has exerted and the maximum amount of effort that a person can exert while on-the-job.

---

Definitions:

Taxes

Compulsory financial charges or levies imposed by a government on individuals or entities to fund public expenditures.

Average Tax Rate

The average tax rate is the ratio of the total amount of taxes paid to the total tax base (taxable income or spending), essentially reflecting the percentage of income that goes to taxes.

Total Taxes

refer to the comprehensive amount of taxes (federal, state, local) levied on individuals, corporations, and other entities within a fiscal period.

Taxable Income

The portion of income subject to taxation after all deductions and exemptions have been applied according to tax laws.