Apsc 221 midterm 2 - Study guides, Class notes & Summaries

APSC 221 Midterm 2 Flashcards Question and answers rated A+ 2024/2025 APSC 221 Midterm 2 Flashcards Taxes - correct answer - The most significant kind of tax of economic comparisons is income tax - Income taxes provide governments a portion of net income received by an individual or corporation - Income taxes are the main source of revenue for federal and provincial governments and pay for social services, health services, infrastructure such as highways and dams, the military and other ...

APSC 221 Midterm 2 Question and answers 100% correct 2024/2025 APSC 221 Midterm 2 - Change Management Types of Change - correct answer Transformational, Bounded, and Deliverable-Led Transformational Change - correct answer A type of change whose intention is to result in large improvements in performance. Usually takes years. Bounded Change - correct answer A type of change whose intention is typically to become more efficient. Similar to transformational, but more limited. Usual...

APSC 221 Midterm 2 Question and answers already passed 2024/2025 APSC 221 Midterm 2 - Replacement Decisions The Four Mutually Exclusive Choices of Evaluation - correct answer 1. An existing asset may be kept in its current use without major change 2. An existing asset may be overhauled to improve performance. 3. An existing asset may be removed without replacement. 4. An existing asset may be replaced with another asset. The Defender - correct answer The existing physical asset. ...

APSC 221 Midterm 2 Question and answers 100% correct 2024/2025 APSC 221 Midterm 2 - Inflation Inflation Rate - correct answer The rate of increase in averages prices of goods and services over a given time period. Basket - correct answer The goods and services most people use. Consumer Price Index (CPI) - correct answer Indicates the number of dollars needed in that year to buy the basket of goods that cost the amount it had cost in the base year. What To Do If Expected Inflat...

APSC 221 Question and answers already passed 2024/2025 APSC 221 - Midterm 2 Which of the following is NOT an aspect of change management? 1. minimize unplanned operational disruption 2. achieve performance improvements 3. controlling, scheduling, and planning 4. understand associated implementation risks 5. all of the above - correct answer 3 Very broadly, change initiatives can be categorized into three main types, which of the following is NOT one of them? 1. Transformational o...

APSC 221 Multiple Choice Question and answers verified to pass 2024/2025 APSC 221 Multiple Choice (Midterm 2) capital purchases cannot - correct answer be fully claimed as an expense in the year in which the purchase occured savings - correct answer increase the profits of a firm and therefore they are taxed progressive tax rate - correct answer personal income taxes usually exhibit a _________ effective cost of purchasing an asset - correct answer less than its first cost ...