(Consider This) a Value-Added Tax (VAT)

question 133

Multiple Choice

(Consider This) A value-added tax (VAT)

• A) is another name for a retail sales tax but is otherwise the same.
• B) is like a sales tax but is only imposed on the difference between a firm's sales and its purchases from other firms.
• C) is like an income tax but is only imposed on the difference between a person's income and his or her consumption.
• D) only applies to imported goods.

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Definitions:

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Lewin's Force Field Model

Lewin's Force Field Model is a framework for understanding change within organizations, involving the analysis of forces driving and resisting change, to facilitate transformation.

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