Tax Policy Has Been Positive, Says EY CEO

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Business, Social Studies, Life Skills
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the key outcomes of the tax policy changes under President Trump?
Decreased foreign investment
Higher inflation rates
Increased unemployment rates
More jobs than people ready to fill them
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the tax law changes affect supply chain decisions?
They reduced capital expenditure
They caused companies to move overseas
They led to more investment in the U.S.
They discouraged foreign investment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a significant consequence of trade uncertainties?
Holding more cash and less investment
Lower unemployment rates
Higher economic growth
Increased investment in Europe
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major challenge faced by the auditing profession?
Simplistic business models
Decreasing demand for auditors
Complex transactions and business models
Lack of technological tools
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected role of technology in the future of auditing?
To completely replace human auditors
To assist in real-time audits and decision-making
To reduce the need for financial reporting
To eliminate the need for judgment in auditing
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the proposed changes in financial reporting?
Focusing solely on historical data
Eliminating quarterly reports
Incorporating non-financial sustainable business measures
Reducing transparency in financial statements
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the accounting profession adapted to technological advancements?
By relying solely on algorithms
By reducing the workforce
By eliminating the need for audits
By integrating more people and robots
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