The Perceived Fairness of the Processes Used to Make Allocation

question 126

Multiple Choice

The perceived fairness of the processes used to make allocation decisions is called:

• A) Distributive justice
• B) Procedural justice
• C) Interactional justice
• D) Interpersonal justice
• E) Institutional justice

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Definitions:

Taxable Income

The amount of income used to determine how much the taxpayer owes in taxes, after deductions and exemptions.

Tax Freedom Day

The day of the year by which a nation as a whole has theoretically earned enough income to pay its taxes for the year.

1099 Forms

Tax documents used in the United States to report various types of income other than wages, salaries, and tips.

Federal Income Tax

A tax levied by the IRS on the annual earnings of individuals, corporations, trusts, and other legal entities.