Finance Ministers of the G20 in Conjunction with the OECD

question 8

True/False

Finance ministers of the G20 in conjunction with the OECD created an action plan to stop basis erosion and profit shifting (BEPS) in an effort to stop illegal activity.

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Definitions:

Rational-emotive Therapy

A psychotherapeutic approach that focuses on resolving emotional and behavioral problems by confronting irrational beliefs and changing them into rational ones.

Cognitive-behavioral Therapy

A psychological treatment approach that addresses problematic thoughts and behaviors through a goal-oriented process.

Beck

Refers to Aaron T. Beck, an influential figure in the field of psychology known for his work on cognitive therapy and depression.

Ellis

Albert Ellis was an influential psychologist who founded Rational Emotive Behavior Therapy (REBT), a precursor to Cognitive Behavioral Therapy (CBT), focusing on identifying and changing irrational beliefs.