Which of the Following Statements About Vertical Equity Is False

question 62

Multiple Choice

Which of the following statements about vertical equity is false?

• A)Vertical equity focuses on a fair rate structure instead of a fair measurement of the tax base.
• B)If persons with greater ability to pay owe more tax than persons with lesser ability to pay,the tax is vertically equitable.
• C)A tax with a single percentage rate is not vertically equitable.
• D)None of the above is false.

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Definitions:

Human Resources Demand

The projected need for additional employees in an organization, based on its future business activities, growth plans, and strategic objectives.

HR Gap

The difference between the current capabilities of an organization's human resources and the skills and competencies needed to achieve strategic objectives.

Human Capital

Human Capital represents the skills, knowledge, and experience possessed by individuals, considered in terms of their value to an organization.

Skills Gap

A situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand.