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A demonstration of social responsibility by a business is the payment of _______

Commerce
JAMB 2017
A demonstration of social responsibility by a business is the payment of _______
  • A. taxes to government
  • B. dividends to shareholder
  • C. interest on loans
  • D. premium on insurance
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Correct Answer: Option A
Explanation
These are receipts from individual's income taxes, corporate income taxes, gift and estate taxes.
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now