Cards in this guide (19)
How to Calculate income tax on the income statement
You can't income tax is based on TAXABLE income, not financial
statement income.
What is the smallest unit of local government
Cities and Municipalities are the smallest units of local
government, but here in the Philippines, barangays are the smallest
units.
Which type of tax is common with Internet purchases
Which of these does not have an excise tax
What powers each state's budget
Which of these describes the city commission model of government
The executive and legislative branches are blended into one
unit.
Which type of tax is imposed on the wages earned by an individual or corporation
Which type of tax is imposed on tangible goods such as groceries clothing and electronics
Which of these does not describe the strong-mayor type of the mayor-council model
The council serves as the Executive branch.
What describes an excise tax
types of sales tax initially paid by the wholesaler
Which of these is not another name for a district court
How is the state sales tax rate determined
Each state must select a rate that will fund its government
operations and the needs of its citizens.
How many states impose a state income tax
The state budget process most often involves which government official
What of these describes property tax
type of revenue earned by a state for the rights to ownership of a piece of property.
Which of these statements about state sales tax is not true
every state imposes a sales tax.
Which statement about county commissioners is not true
Commissioners are appointed by the state's governor.
Which of the following is not a common power of county commissioners
establishing standards for education
Which statement regarding state budgets is not true
A+ Systems:
Each agency devises a monthly plan to determine the estimated needs for revenues.
