Which of the following attitudes and actions will help decision-makers develop an efficient approach to taxation?
A) Functional managers should not be held responsible for the tax effects of decisions within their divisions.
B) All managers should own a copy of the Income Tax Act.
C) Cash flows should be considered from a before-tax perspective when making decisions.
D) Tax costs to a business should be regarded as controllable expenses, much like product costs and selling costs.

Question

Quizplus · Accepted Answer

Tax costs should be viewed as controllable expenses, allowing decision-makers to actively manage and minimize them, similar to other business costs.

Which of the Following Attitudes and Actions Will Help Decision-Makers