Examlex
Balanced scorecards are almost exclusively utilized in profit-seeking organizations as nonprofits cannot benefit from focusing on financial perspectives such as net income and shareholder value.
Lung Cancer
A type of cancer that originates in the lungs, often associated with smoking and exposure to hazardous pollutants.
Benefits-Received Tax
A taxation principle where taxes are levied on individuals based on the benefits they receive from the government's use of the collected tax.
Vertical Equity
A principle in taxation that proposes taxpayers with a greater ability to pay, such as higher income levels, should pay more in taxes than those with lesser ability to pay.
Horizontal Equity
The principle that individuals with the same income or resources should be treated equally by the tax system.
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