Which of the Following Statements Is False

question 76

Multiple Choice

Which of the following statements is false?

• A) To determine the true tax benefit of leverage, we need to evaluate the combined effect of both corporate and personal taxes.
• B) A personal tax disadvantage for debt causes the WACC to decline more slowly with leverage than it otherwise would.
• C) Personal taxes have an indirect effect on the firm's weighted average cost of capital.
• D) In the United States and many other countries, capital gains from equity have historically been taxed more heavily than interest income.

---

Definitions:

Generalist Intervention Model

A practice model in social work that guides professionals through a multistep process to assess cases, plan interventions, implement change strategies, and evaluate outcomes for individuals, families, groups, and communities.

Planning Phase

The initial stage of a project or strategic process where goals are defined, and methods for achieving them are devised.

Prioritizing Problems

The process of arranging issues or challenges in order of importance or urgency to effectively manage and address them.

Critical Thinking

is the process of actively analyzing, assessing, and synthesizing information to form a reasoned judgement.