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PA 346 PA/346 PA346 Week 6 Quiz

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PA 346 PA/346 PA346 Week 6 Quiz 1. Question : (TCO D) A residence in Brevard County has an assessed value of $150,000. Its owner qualifies for an old age exemption of $10,000 and a homestead exemption of $20,000. The property tax rate is $5 per $100 AV. What will be the property tax bill on this property? Question 2. Question : (TCO E) Federal government taxes consumption mainly through: Question 3. Question : (TCO E) With reference to tax systems, the principle ofcollectability asserts that: Question 4. Question : (TCO E) Which of the following pieces of evidence would by itself allow a judgment about the regressivity or progressivity of a tax? Question 5. Question : (TCO G) Program Budgets: Question 6. Question : (TCO H) Capital projects are a critical part of governmental activities at the federal, state and local level. The steps in the capital budgeting process are significant part of selecting projects from many competing potential projects in a world of limited resources. Question 7. Question : (TCO E) The City of Champions has a referendum that will go before voters to build the best football stadium in the world. The ballot calls for the voters to approve or disapprove a 6% sales tax increase to construct the new stadium. The stadium is estimated to cost $800,000,000. However, the sales tax increase will generate more than $1.1 billion dollars. The disposition of the excess funds is unclear. Question 8. Question : (TCO E) Al has an income of $20,000; Betty’s income is $40,000. With no sales tax in place, Al spends $5000 on grocery food and Betty spends $8000. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

PA 346 PA/346 PA346 Week 6 Quiz

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