Which of the following is an example of an activity-based tax?
A. A tax on business' net income
B. A gift tax on the transfer of assets by gift
C. Both a tax on business' net income and a gift tax on the transfer of assets by gift
D. An excise tax
Answer: A
You might also like to view...
Word association is the best known of the ________ techniques
A) expressive B) association C) completion D) construction
Describe the major components of OASDI and the Medicare program.
What will be an ideal response?
Which of the following does not increase repeatability?
A) parts standardization B) customization C) group technology D) flexible automation
One of the four most fundamental factors that affect the cost of money as discussed in the text is the risk inherent in a given security. The higher the risk, the higher the security's required return, other things held constant.
Answer the following statement true (T) or false (F)