The goal of supply chain management is to synchronize supply and demand of all of the organizations that are part of the chain--- True.
What are the company's supply chain goals?
The goal of supply chain management is to structure the supply chain in a way that maximizes competitive advantage and end-user benefits. - Coordination of all supply chain activities, starting with raw materials and ending with customer satisfaction.
What is supply chain management?At its most basic level, supply chain management (SCM) is the management of the flow of goods, data, and finances related to a product or service, from procuring raw materials to delivering the product to its final destination.
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A(n) _____corporation is considered closely held with few owners, whereas a(n) ... any investor who wants to purchase shares of stock on the stock exchange.
A(n) Private corporation is considered closely held with few owners, whereas a(n) public corporation is available to any investor who wants to purchase shares of stock on the stock exchange .
A smaller corporation is referred to as ao private crporation if it only has a few shareholders and doesn't make its stock available to the general public. A public corporation, on the other hand, is permitted to sell its stock to the general public.
What distinguishes a private firm from a public corporation?
A private company is typically owned by its founders, management, or a collection of individual investors. A company that has sold all or a portion of itself to the general public through an initial public offering is referred to as a public company.
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denny associates has been offered a four year contract to supply the computing requirements for a local bank. The working capital would be released at the end of the project. Denny's discount rate is 14%. Cash estimates for the contract are below. What is the NPV of this contract? $28,230 | $92,340 | $132,916 | $150,000
The correct answer to the given question is option 1:The NPV of the contract is $28,230
Cash flow information ║ 14% ║Present V
Cost of the computer equipment = $250,000 1.000 250,000
Working capital required = $ 20,000 1.000 20,000
Upgrading of equipment in 2 years = $ 90,000 2.914 349,680
Salvage value of equipment in 4 years = $ 10,000 0.769 69,210
Annual net cash flow = 120,000 0.592 5,920
Working capital released = 20,000 0.592 11,840
NPV 28,230
The difference between the present value of cash inflows and outflows over time, or net present value (NPV), is what we refer to as this. The profitability of an anticipated investment or project is examined using NPV in capital budgeting and investment planning.
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ther fed creates a lower and upper bound for the federal funds rate and the incentives that drive financial institutions to move the federal funds market to that target.
Incentives that drive financial institutions to move the federal funds market to that target lends directly to banks through the discount window
A central bank lending tool called the discount window was created to assist commercial banks in managing their short-term liquidity requirements. Banks may loan directly from the central bank's discounts window paying the federal discount rate if they are not able to borrow from those other banks in the fed funds market.
The discount rate, policy rate, base rate, or repo rate is the term for the interest rate that a central bank assesses on these loans. It is distinct from the prime rate. The federal funds rate, or its equivalent in other currencies, which determines the rate at which banks lend money to one another, is also not the same as it.
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which of the following would be considered fixed costs? multiple select question. facility insurance equipment monthly installment direct labor packaging materials
The options that would be considered to be fixed costs are :
A. facility insuranceB. equipment monthly installmentWhat are fixed costs ?A cost that doesn't rise or fall in response to any actions is said to be fixed. Even if there isn't any business activity, a company must make recurrent payments.
Fixed costs are outlays that don't fluctuate based on revenue (or lack thereof). In other words, they are predetermined costs that the company has agreed to pay and which are unrelated to output levels.
Because fixed costs are not based on volume or operations, they are harder to manage than variable expenses.
The fixed cost given are therefore the insurance paid on the facility as this is a constant amount that does not depend on the business, but the insurance provider. The monthly installment paid on the equipment used will also be fixed.
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Fire protection is a:
a. club good, because it is excludable but not rival in consumption
b. a public good, because it is rival in consumption but not excludable
c. club good, because it is rival in consumption but not excludable
d. a public good, because it is excludable but not believe in consumption
Fire protection is a club good, because it is excludable but not rival in consumption
Assuming that there aren't too many fires going on at the same time, we can say that fire protection is a nonrival in terms of consumption. That is the number of firefighters and services dispatched to control the first fire; the number of services available for the second fire would not be reduced.
In other words, multiple fires could be extinguished at the same time (again assuming the number of fires is limited).
Fire protection may be acceptable. For example, fire services could be assigned to houses within a specific jurisdiction (for example within a given town). As a result, even though they are geographically close to the fire station, residents of the neighboring town may be easily excluded. For example, within a given town, some houses may be excluded for reasons such as failure to pay property taxes, etc.
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g if a company's actual results for revenues, net profits, eps, and roe turn out to be worse than projected, then the reason is usually because the company cleared out too much of its inventory of branded pairs that were unsold from the prior year
If a company's actual results for revenues, net profits, eps, and roe turn out to be worse than projected, then the reason is usually because the company cleared out too much of its inventory of branded pairs that were unsold from the prior year.
Inventory refers to the goods and materials that a business maintains on hand with the goal to produce, sell, or use them. The location and kind of stored goods are the major concerns of inventory management. It is essential to go ahead of the regularly scheduled process of manufacturing and stocking commodities at various locations inside a plant or at various sites of a supply network.
The concept of inventory, stock, or work in progress has been broadened beyond manufacturing systems to service firms and projects by include "all work inside the process of production - all work that is or has occurred prior to the completion of production."
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honda's decision to build a plant in ohio multiple choice was encouraged by assistance from the state of ohio, including improved infrastructure around the plant and abatement of property taxes. all of the options involved setting up a special foreign trade zone that allowed honda to import auto parts from japan at a reduced tariff rate. was welcomed by the united auto workers.
An illustration of a tariff is a levy of 10% on each Honda car imported from Japan.
A tariff is a tax that a government imposes on imported products and services in an effort to raise prices and reduce the attraction of imports, or at the very least their competitiveness, in relation to domestic goods and services. Tariffs are often put in place to restrict trade with particular countries or to reduce imports of a particular range of goods and services. For instance, to discourage people from purchasing Italian leather handbags, the American government may slap a 50% tariff on those handbags, increasing the cost of domestically produced handbags at a cheaper price. The government expects that consumers would buy fewer imported goods as a result of the increased price.
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which of the following is not a basic assumption guiding the practice of solution-focused brief therapy? using techniques is a way of discounting a client's capacity to find his or her own way
The option which is not a basic assumption guiding the practice of solution-focused brief therapy--- Using techniques in therapy is a way of discounting a client's capacity to find his or her own way.
What is the focus of solution-focused light therapy?Solution-Focused Brief Therapy (SFBT) is a future-oriented, goal-oriented approach to solving life's problems. Focus on client health rather than problems, strengths rather than weaknesses and deficiencies, and the skills, resources, and coping skills that will help them achieve their future goals.
What is the power of solution-focused therapy?
One of the main strengths, as already mentioned, is to not focus too much on the problem and focus on solutions and the future rather than dealing with the past. By looking more positively into the future, patients are already changing their behavior.
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apple inc. is the number one online music retailer through its itunes music store. apple sells itunes gift cards in $15, $25, and $50 increments. assume apple sells $19.8 million in itunes gift cards in november, and customers redeem $12.8 million of the gift cards in december.
Assume apple sells $19.8 million in itunes gift cards in november, and customers redeem $12.8 million of the gift cards in december. The ending balance in the unearned revenue account is $7million.
The entry in the cash receipt journal will be
Dr : cash sales $19.7 million
Cr: Account receivable $12.7million
The unearned revenue account will be
Dr : cash sales 19.7million
Cr : Account receivable 12.7million
Therefore the ending balance in the unearned revenue account is $7million.
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Kailyn obtains an insurance policy that protects her against liability for property damage resulting from the operation of her vehicle. This is
a. disability insurance.
b. automobile insurance.
c. malpractice insurance.
d. liability insurance
What happened to Kailyn was a traffic accident. Kailyn can use her automobile insurance.
Insurance is an agreement between two or more people in which the insured party pays contributions/contributions/premiums to receive compensation for the risk of loss, damage or loss, which may occur as a result of unexpected events.
Insurance cannot eliminate the risk of unexpected events occurring, but insurance can reduce the impact of losses arising from these events, whether on a small or large scale. Now insurance has become part of financial planning for some people for the long term. everyone is expected to have insurance, because by having insurance, any unwanted events can occur, and the impact of these events can be reduced.
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Which of the following legal entities will likely be ended once the objectives of the effort have been met? Multiple Choice Limited partnership S corp Limited liability corporation Joint venture
Once the intended goals of the effort have been achieved, joint venture legal organizations will probably be terminated.
A joint venture is a partnership between two or more individuals with the goal of growing one company or project for profit while dividing the risks involved. There must be at least two distinct natural persons or entities among the joint venture's partners.
The ability of joint ventures to speed up growth, increase production, and increase the profitability of your business is one of their most important advantages. Access to new markets and distribution networks is another benefit of joint ventures. increased capacity
A joint venture is created to accomplish a number of objectives, such as R&D, business expansion, synergy, upscaling, market penetration, superior technology, and increased earnings.
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checking account vs current account
In the USA and other nations, it is more frequently used. They are, nevertheless, functionally equivalent to a current account. Although checking accounts may include features that are country-specific, they operate on the same principals as current accounts.
How are these different?
A checking account is a sort of bank account that enables simple deposits and withdrawals of cash for everyday use. For instance, you may use your debit card to withdraw cash, deposit a check you receive, or set up direct deposit to get your paychecks.Regular (basic) checking accounts, premium checking accounts, student checking accounts, senior checking accounts, interest-bearing accounts, business checking accounts, and rewards checking accounts are a few of the several types of checking accounts.You can deposit and withdraw money from a current account with a bank. To help you pick the account that best meets your needs, the majority of banks provide a variety of current accounts with various characteristics.A current account is a personal checking or savings account from which you can withdraw funds whenever you want using a checkbook or cash card. His bank balance was significantly overdrawn. The value difference between an economy's exports and imports over a specific time period is known as its current account.To know more about Current Account here
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three of the most common business and professional presentations are sales proposals, staff reports, and progress reports. True or False ?
Three of the most common business and professional presentations are sales proposals, staff reports, and progress reports. its True .
The most common scenario for a presentation is when a speaker stands in front of a group of people and makes an effort to visually and verbally educate them about a particular subject. 13 Things to Include in Your Next Powerpoint Presentation A presentation of that type may be made to persuade the audience of anything, persuade them of something, or in some other way teach them. A powerful presentation could be a very effective way to get your point across. An agenda slide, a call-to-action slide, an objection slide, key takeaways, compelling photos, your logo, and backup slides should all be included. Getting better at presentations will raise your profile and strengthen your personal brand. Presentation abilities are essential for both personal and professional success in the workplace.
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investment strategy, which attempts to insulate the portfolio from interest rate risk is called immunization.true or false?
False, a passive bond portfolio management method called immunization seeks to protect the portfolio from interest rate risk. Your immune system reacts to a vaccination in the same manner that it would to a genuine pathogen when you receive one.
Immunization: The process by which a person receives a vaccination to provide them with disease protection. This phrase is frequently used synonymously with the words vaccination or inoculation. Giving a person a vaccination to protect them against disease is known as immunizing them. Immunity (protection) acquired through immunization is comparable to immunity acquired from exposure to disease, except that you receive a vaccine as opposed to the actual disease. This is why vaccines are such effective medical treatments. Vaccines are a method of inducing immune system activation to ward off infectious diseases. Immune system activation happens when an immunogen is used to prime it. Immunization is the process of inducing immune responses with an infectious agent. Currently, vaccinations stop 3.5–5 million fatalities every year from illnesses like measles, diphtheria, tetanus, pertussis, and influenza. Immunization is an unquestionable human right and an essential part of primary healthcare. It's also among the finest investments in health that money can buy.
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Which of the following best defines the term budget deficit? Select the correct answer below: A budget deficit is more likely during an economic boom when tax revenues increase due to increased economic activity. A budget deficit is a financial situation in which the government receives more money in taxes than it spends in a year. O A budget deficit is a financial situation in which the federal government spends more money than it receives in taxes in a given year. O A budget deficit decreases the level of aggregate demand.
A budget deficit is more likely during an economic boom when tax revenues increase due to increased economic activity best defines the term budget deficit.
It is primarily used by governments, but can be applied more generally to individuals and businesses as well. His two main sources of budget deficits are excessive revenues government spending and low tax rates that don't cover spending. Tax cuts can reduce revenue and create budget deficits. Also, a large fiscal stimulus could push government spending outpacing revenues. When unveiling the annual budget in February, Finance Minister Nirmala Sithara Man set his budget deficit target at 6.4% of gross domestic product for fiscal year 2022/23.
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all of the following are counted in a nation's current account except group of answer choices a car that was imported from japan. wheat that was exported to somalia. a factory site purchased in germany. a $20,000 donation to food aid for use in sudan. $500 in interest earned on swedish bonds.
The correct option is C. All of the following are counted in a nation's current account except for a factory site purchased in Germany.
Enterprise debts are used to music the coins stability, debts to the enterprise, money owed to lenders and payroll paid to personnel. The variety of debts a business needs will range, however business money owed is standard for all organizations.
a commercial enterprise checking account is typically used for an agency's daily transactions, which include purchases or bill paying. agencies can make deposits and withdrawals on those bills and are issued exams and a debit card to make their purchases.
A business bank account is a financial institution account that's used handiest for commercial enterprise transactions instead of a personal budget. it could be opened inside the name of the business, allowing payments to be made and acquired using the commercial enterprise's call.
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Complete Question:
All of the following are counted in a nation's current account except
a. a car that was imported from Japan.
b. wheat that was exported to Somalia.
c. a factory site purchased in Germany.
d. a $20,000 donation to food aid for use in Sudan.
e. $500 in interest earned on Swedish bonds.
Answer:
a factory site purchased in Germany bc it should be counted in the capital & financial account.
Explanation:
when a country's demand conditions include high-density urban living and high energy costs, consumers can be expected to prefer air conditioners that are which of the following? (check all that apply.)
When a country's demand conditions include high-density urban living and high energy costs, consumers can be expected to prefer air conditioners which are energy-efficient, small, quiet.
How do I make my air conditioner selection?
The square footage of the area you need to cool will be one of the keys determining variables. However, it's not as easy as it seems. Your home's square footage, heat gain/loss, and climatic factors will all help determine the size of the air conditioner you need.
Which AC system is most effective?
Although ducted air conditioning is frequently the most cost-effective alternative on the domestic market, it also frequently has the biggest initial outlay.
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Which of the following is necessary in a well-functioning market or capitalist economy, but is not necessary for a command economy?
A. Centralized decision making
B. Scarcity of resources
C. Monopolies
D. Protection of property rights and price signals
E. Positive externalities
Protection of property rights and price signals is necessary in a well-functioning market or capitalist economy, but is not necessary for a command economy. So, the correct answer is option D.
The economic system known as capitalism, or the capitalist economy, is one in which private firms control and govern the factors of production such as capital goods, labour, natural resources, and entrepreneurship.
In a capitalist economy, usually referred to as a market economy, the creation of all products and services is based on supply and demand in the market. It differs from the centrally planned economy, commonly referred to as a command economy or a planned economy.
Profit-making is the primary driving force behind a capitalist economy. The existence of open markets and the absence of government involvement in company regulation are other traits of the capitalist economy.
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if corporations continue to pollute, then the environment will be damaged beyond repair. the environment will be damaged beyond repair. therefore, corporations will continue to pollute. question 22 options: deductive, valid. deductive, invalid. inductive, weak. inductive, strong.
If corporations continue to pollute, then the environment will be damaged beyond repair. Therefore, corporations will continue to pollute. Inductive; Strong, deductive invalid.
An organization called a corporation is one whose shareholders choose a board members to manage its operations. The corporation, not really the shareholders, is responsible for the operations and economic condition of the organization. Corporations can be either for-profit, like most corporations, or just not, like most nonprofit organizations are.
Since it's not required, corporations are increasingly up in the state where their operations are located. Although it contributes to the bureaucracy, some corporations are established in states like Wilmington or Nevada that are regarded as pro-business. The corporation must then be registered inside the state where you have been conducting business as a foreign entity, and taxes should be payable to that state.
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The sales level when a company's income equals its expenses is called _____.
gross income
break-even point
net income
cash flow
The sales level when a company's income equals its expenses is called break-even point.
What is break-even point?
The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.
How is the break-even point determined?
By dividing the fixed production costs by the price per unit less the variable production costs, the breakeven point is determined in accounting. The production level at which a product's expenses and revenues are equal is known as the breakeven point.
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chedule of cash collections of accounts receivable pet supplies inc., a pet wholesale supplier, was organized on january 1. projected sales for each of the first three months of operations are as follows: january $300,000 february 500,000 march 750,000
The pet wholesaler Pet Supplies Inc. set a schedule of receipts of accounts receivable in January. $582,400 was collected in cash overall.
What is the name of a collection of groups?assortment, medley, bits and bobs, miscellany, great bunch, mixture, motley, perfume, salmagundi, festival, and variety are some examples of these words. a collection of various goods of different kinds. clutch, batch. a group of items or people that should be managed together.
Briefing
All sales are on account.
56% of sales are expected to be collected in the month of the sale
40% in the month following the sale
4% in the second month following the sale.
Cash Collection January:
Sales on account January= 370,000*0.56= $207,200
Total cash collection= $207,200
Cash Collection February:
Sales on account January= 370,000*0.44= $162,800
Sales on account February= 450,000*0.56= $252,000
Total cash collection= $414,800
Cash Collection March:
Sales on account January= 370,000*0.04= $14,800
Sales on account February= 450,000*0.44= $198,000
Sales on account March= 660,000*0.56= $369,600
Total cash collection= $582,400
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g which one of the following is not a way to improve the s/q rating of branded pairs produced at a particular production facility?
Avoiding using ecologically friendly or green goods that are inferior to more expensive ones.
What is S/Q Rating?Consumer Group analyses the quality and styling of each competitor's footwear, giving each brand's goods a styling-quality or S/Q rating from 0 to 10 stars. Invest early in plant renovations, particularly the increase in the S/Q rating. The business will benefit from an early investment in these areas for a number of years. The biggest factor affecting a company's credit rating is the total quantity of debts it has outstanding.
Start with the principles you can be certain of: I propose starting with a S/Q grade of 7 stars and 50 models are available for the high quality, low model strategy.
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the elasticity of demand for labor measures the percentage change in quantity demanded of labor that occurs as a result of a percentage change in the wage rate.
For which the consumer pays a low percentage of his or her income. for which the consumer spends a large percentage of his or her income. The elasticity of demand for labor measures the percentage change in quantity required of labor that happens as a result of a percentage change in the wage rate.
How are the percentages for price elasticity of demand calculated?The percentage change in the amount required divided by the percentage change in the price is used to compute the price elasticity of demand. We determine the % change in price and the percentage change in amount demanded as a function of the average price and quantity, respectively.
Cross-elasticity of demand, also known as cross-price elasticity of demand, is a term used in economics to describe how responsively one good's demand is to changes in the prices of other goods. It is determined by the percentage change in the first good's demand that happens in reaction to a percentage change in the second good's price.
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according to the keynesian framework, which of the following will not help a country to get out of a recession, but may help that country reduce inflation?
According to the Keynesian framework, the statement that will not help a country to get out of a recession, but may help that country reduce inflation is: B. a decrease in military spending.
What is recession?Recession occur when a nation experience decline or decrease in their economy and this can tend to occur as a result of decline in the gross domestic product of that nation.
A decline in military spending can tend to help reduce inflation which is a rise in the price of goods and service but on the other hand it cannot help a nation to get out of recession.
Therefore the correct option is B.
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The complete question is :
According to the Keynesian framework, which of the following will not help a country to get out of a recession, but may help that country reduce inflation?
A. an increase in military spending
B. a decrease in military spending
C. increase in spending by the government on health care
D. decrease in spending by government on health care
in an effort to boost output, the government passes a large fiscal stimulus that raises government spending by $1 trillion. use the ad-as framework to predict how prices and output change in the very short run, the short run, the medium run, and the long run.
Increase in government spending, increases the aggregate demand which in turn results in an increase in price level in the short-run.
Define AD-AS frame work.The aggregate demand (AD) will fluctuate in response to a change in any of its constituents, resulting in a new short-run macroeconomic equilibrium. In other words, anything that causes Consumption, Investment, government Expenditure, or Net exports to grow will cause AD to move to the right. The short-run equilibrium output is compared to the output at full employment using the AD-AS model. The term "gap" refers to the discrepancy between present output and full employment output.
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classify business communication
There are 4 main types of business communication in any organization or business i.e
Types of business communication
1. Internal Business Communication
Internal Business Communication means communication that occurs among the members of the organization. This communication includes both formal and informal communication. Also, different departments that transmit communication by different means to employees come under internal communication. Internal communication should be effective as it is a vital source of viewing and representing organizational issues. Effective internal business communication may increase job satisfaction levels, productivity, and the efficiency of employees by decreasing their turnover and grievances and helping in increasing profits.
It is further categorized as internal (upward) communication and internal (downward) communication.
a. Internal (Upward) Communication: This type of internal communication involves the bottom-to-the-top management approach. Here, the information flows from subordinates to managers or any person that is at the upper in the hierarchy level.
b. Internal (Downward) Communication: In downward communication, the information flows from the top-level management to the employees in an organization. This information is related to passing on instructions to subordinates or employees to do their respective tasks. Downward communication is being used by managers to communicate different goals, procedures and policies, guidelines, decisions, instructions, etc. to their subordinates.
2. Horizontal/Lateral Business Communication
Lateral or horizontal communication is related to communication among co-workers i.e. either verbal communication or written communication. This may include inter-departmental communication or communication between cross-departments and can be between people of the same or similar rank in a company. This is crucial communication to achieve the desired results. So, this communication happens among employees having an equal hierarchy level. To achieve the functional effectiveness of different organizational units, horizontal or lateral communication is required for seeking mutual cooperation and mutual help.
3. External Business Communication
Communication with people who are external to the organization is known as external business communication. These people can be customers or shareholders or suppliers or partners or regulatory bodies, etc.
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In the video, the president of Honest Tea uses the term ___________ to describe his idea for what the chapter defines as __________.
In the video, the president of Honest Tea uses the term mission driven business to describe his idea for what the chapter defines as corporate social responsibility.
More businesses are embracing sustainable strategies and adopting more socially responsible practices as consumers and the restrictions of ever-dwindling natural resources compel companies to make more responsible decisions. The practice of businesses pursuing environmental and social benefits in addition to financial benefits is known as corporate social responsibility (CSR). Businesses of all sizes are seeking for ways to integrate sustainable practices into their daily operations as the demand for firms that do good grows.
Increased openness, investments in green technologies, employee and local community engagement, and diversity and inclusion programs are some of the most well-liked CSR trends today.
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which of the following is the result of behaviors or actions by an organization or managers within an organization that causes members of a protected class to be unfairly differentiated from others?
Illegal crimination is the result of behaviors or actions by an organization or managers within an organization that causes members of a protected class to be unfairly differentiated from others.
Supervisory staff and department heads should err on the side of caution and report any conduct they believe to be illegal discrimination or harassment to the director of human resources and/or the town manager if they have any doubts about whether it qualifies. Illegal discrimination by either party may be viewed as a material breach of this Agreement. Table 5 shows how many hours per year the hypothetical irradiators are run, together with their related hourly throughputs and radiation source requirements. Downtime for the machine and cobalt-60 irradiators is assumed to be one hour for every seven hours of processing.
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A company uses square footage of the building as a cost driver for an activity. The building is 5,000 square feet. 500 square feet is used for Product A, the rest is used for Product B. The cost allocated to Product A under ABC is calculated as (500 square feet/5,000 square feet) x Total Cost. This is an example of the Activity Proportion Method. True False
The given situation can also be considered as an example of the Activity Proportion Method. Hence, the given statement is true.
What is the meaning of Proportion Method?
An equation in which two ratios are made equal is known as a percentage. Two ratios are written using the proportion method. The base amount, also known as the amount-to-base ratio, is the second ratio.
A business uses a building's square footage as a cost driver for a particular activity. It is a 5,000 square foot structure.
The cost allotted to Product A under ABC is computed as (500 square feet/5,000 square feet) x Total Cost, where 500 square feet are used for Product A and the remaining 5,000 square feet are used for Product B. The Activity Proportion Method is demonstrated here.
Therefore, the given statement is true.
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by offering 16 paid hours per month for volunteer work, weber is providing a way for his hospital to
By offering 16 paid hours per month for volunteer work, Weber is providing a way for his hospital to: reduce and lower taxes for its employees.
What are the types of tax?In Economics, there are different types of tax which are levied on individuals (employees) or business firms (employers of labor) by the government, and these include the following:
Property tax.Sales taxFederal income tax.What is a W-2 Tax form?A W-2 Tax form can be defined as an internal revenue service (IRS) tax form which is used to indicate the amount of money that is earned by an employee at the end of a period, including the correct federal income tax that should be withheld from an employee's paycheck in the United States of America.
Generally speaking, volunteer works are not taxed by the internal revenue service (IRS) in the United States of America and as such, it can help to reduce an employee's tax.
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