(i) It stimulates efforts.
(ii) It is convenient.
(iii) More revenue can be raised (board based).
(iv) It is flexible.
(v) Not possible to evade.
(vi) Can be used selecting to achieve a given objective.
(vii) It is where tax payment is voluntary.
maurice.mutuku answered the question on July 22, 2017 at 06:08
- What is the difference between Double and co-insurance?(Solved)
Explain the difference between Double and co-insurance.
Date posted: July 21, 2017. Answers (1)
- Under what circumstances can a trader issue a credit note to a customer?(Solved)
List circumstances under which a trader can issue a credit note to a customer.
Date posted: July 21, 2017. Answers (1)
- In what ways can one convey verbal communication?(Solved)
Give ways through which one can convey verbal communication.
Date posted: July 21, 2017. Answers (1)
- In what ways can entrepreneurs observe ethics in the management of their business?(Solved)
Give ways in which entrepreneurs can observe ethics in the management of their business.
Date posted: July 21, 2017. Answers (1)
- What factors must a firm take into account when deciding on the product(s) to produce?(Solved)
Give factors that a firm must take into account when deciding on the product(s) to produce.
Date posted: July 21, 2017. Answers (1)
- What are the requirements for one to start a limited liability company as one of the forms of business units?(Solved)
List the requirements for one to start a limited liability company as one of the forms of business units.
Date posted: July 21, 2017. Answers (1)
- Why is food an important basic need?(Solved)
Give reasons why food is an important basic need.
Date posted: July 21, 2017. Answers (1)
- What is opportunity cost?(Solved)
Define opportunity cost.
Date posted: July 21, 2017. Answers (1)
- What is Scale of preference?(Solved)
Define Scale of preference.
Date posted: July 21, 2017. Answers (1)
- What is Entrepreneurship?(Solved)
Define Entrepreneurship.
Date posted: July 21, 2017. Answers (1)
- What is Economics?(Solved)
Define Economics.
Date posted: July 21, 2017. Answers (1)
- Why may a public limited company prefer to raise finance through issue of ordinary shares instead of debentures?(Solved)
Explain why a public limited company may prefer to raise finance through issue of ordinary shares instead of debentures.
Date posted: July 21, 2017. Answers (1)
- What challenges does Kenya face when trying to implement her development plans?(Solved)
Give challenges that Kenya faces when trying to implement her development plans.
Date posted: July 21, 2017. Answers (1)
- What are the causes of inflation in an economy?(Solved)
Explain the causes of inflation in an economy.
Date posted: July 21, 2017. Answers (1)
- Kwetu Oil manufacturers have decided to eliminate wholesalers in their chain of distribution.
What possible effects would result if wholesalers were eliminated?(Solved)
List the possible effects that would result if wholesalers were eliminated.
Date posted: July 21, 2017. Answers (1)
- What objectives does the government aim to achieve by carrying out development planning?(Solved)
List the objectives that the government aims to achieve by carrying out development planning.
Date posted: July 20, 2017. Answers (1)
- What measures may an organization put in place to improve office etiquette among its employees?(Solved)
Give measures that an organization may put in place to improve office etiquette among its employees.
Date posted: July 20, 2017. Answers (1)
- Why does the government impose taxes?(Solved)
State the reasons why the government imposes taxes.
Date posted: July 20, 2017. Answers (1)
- Under what circumstances would a firm locate near a pool of labour?(Solved)
List the circumstances under which a firm would locate near a pool of labour.
Date posted: July 20, 2017. Answers (1)
- What are the characteristics of money?(Solved)
Highlight the characteristics of money.
Date posted: July 20, 2017. Answers (1)