Which of the following statements concerning sales taxes isĀ false?
A. Sales taxes are collected by the seller when the sale is made.
B. Sales taxes apply to the purchase of most types of consumer services.
C. Sales taxes imposed on the purchaser of retail items are consumption taxes.
D. Sales taxes apply to the purchase of most types of consumer goods.
Answer: B
You might also like to view...
The balance sheet of Old Gold Mines for the year ended June 30, 20x2, showed a balance in retained earnings of $6,000 million at the end of 20x2 and $4,600 million at the end of 20x1 . Net income for 20x2 was $2,400, million. Compute the amount of dividends Old Gold Mines declared during 20x2
a. $500 million b. $1,000 million c. $1,500 million d. $2,000 million e. $2,500 million
_____________ rooms are typically are equipped with three huge curved screens, custom lighting, and advanced acoustics for high-end videoconferencing
Fill in the blank(s) with correct word
An employer will always be liable to pay damages to an employee in all cases except those in which the employee has been dismissed for cause
Indicate whether the statement is true or false
David and Kathy are trying to decide where to go on vacation. David has suggested a cruise. Since neither of them have been on a cruise before, they will be unable to assess the _____ of a cruise until they actually take the vacation.
A. tangible attribute B. experience quality C. creative quality D. credence quality E. heterogeneity feature