What is an export license?
A. An international quality performance rating.
B. A shipping qualification.
C. Permission from the U.S. government to export.
D. Permission to transfer domestic currency abroad.
E. Permission from the top management team to export.
Answer: C
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Indicate whether the statement is true or false
The general fund of the Town of Dean levied property taxes of $3,000,000 for the fiscal year beginning on January 1, 20X8. It was estimated that 1% of the levy would be uncollectible. During the period January 1, 20X8, through December 31, 20X8, $2,960,000 of the property tax levy was collected. At December 31, 20X8, Dean estimated that $10,000 of property taxes levied in 20X8 would be collected during the first 60 days of 20X9. What amount of property tax revenue should be reported by the general fund for the year ended December 31, 20X8?
A. $2,990,000 B. $2,970,000 C. $3,000,000 D. $2,960,000
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Fill in the blank(s) with correct word