1. Question 5 (1The integration of corporate social responsibility (CSR) into business practice is a form of self-regulation.OTrueOFalseQuestion 6In 1980, the Government of Canada introduced its Integrity Framework to deal with the lack of action on this issue.OTrueOFalseQuestion 7The Extractive Industries Transparency Initiative was Canada's response to demands for a märe laissez-faire approach to governmentregulation in resource dependent countries.OTrueOFalseQuestion 8Why are some people so critical of lobbying?Question 9Corporations wishing to do business with the Government must certify that they:have never been disbarred under NAFTAhave not been charged with any of the offences anywhere in the world in the past ten yearshave never lobbied against the government.have never faced legal proceedings involving corruption allegationshave never evaded, or attempted to evade, their tax obligations with the CRAO O 0 0 O

Corporate Social Responsibility: Corporations' social responsibility (CSR) is a self-regulatory…

Answered: The integration of corporate sodial…

The integration of corporate sodial responsibility (CSR) into business practice is a form of selfregulation. OTrue OFase

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 11MC: Which of the following is true about the Sarbanes-Oxley Act? A. It was passed to ensure that...

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Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.

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