Hidden Taxes

Hidden Taxes

What Are Hidden Taxes Hidden taxes are taxes indirectly assessed on consumer goods without the explicitly knowledge of consumers who purchase the product. At the heart of the concept of a hidden tax is the notion that if you cannot see it, your purchasing behavior will be largely unchanged. With the advent of modern transactional systems, visibility

Hidden Worth

Hidden Worth

What Are Hidden Values? Hidden values are assets that are undervalued on a company’s balance sheet and therefore may not be incorporated into or reflected in the company’s share price. So-called value investors seek to uncover hidden values on a company’s balance sheet that are often overlooked by the average investor, often through the use

What Is the Hierarchy-of-Effects Concept and Its Stages?

What Is the Hierarchy-of-Effects Concept and Its Stages?

The hierarchy-of-effects theory is a model of how advertising influences a consumer’s decision to purchase or not purchase a product or service. The hierarchy represents the progression of learning and decision-making consumer experiences as a result of advertising. A hierarchy-of-effects model is used to set up a structured series of advertising message objectives for a

Hierarchy of GAAP Definition

Hierarchy of GAAP Definition

What Is the Hierarchy of GAAP? The hierarchy of generally accepted accounting principles (GAAP) refers to a four-level framework that classifies the Financial Accounting Standards Board (FASB), the U.S. Securities and Exchange Commission (SEC), and the American Institute of Certified Public Accountants (AICPA) guidance on accounting practices and standards by their level of authority. Top-level