Vertical-Equity Is Most Closely Associated with Which of the Following

question 84

Multiple Choice

Vertical-equity is most closely associated with which of the following goals or principles?

• A)The horizontal-equity principle
• B)The goal of economic efficiency
• C)The goal of attaining social objectives
• D)The ability-to-pay principle

---

Definitions:

Hi-Tech

Referring to the latest technology and equipment that are both advanced and sophisticated.

Top Managers

Senior executives responsible for making strategic decisions and overseeing a company's operations.

Long-Range Plans

Strategic initiatives and objectives set by an organization to be achieved over an extended period, typically over several years.

Line Organization

A traditional business structure with direct, clear lines of authority and communication from top management to employees.