The Second-Largest Source of Federal Revenue Is

question 19

Multiple Choice

The second-largest source of federal revenue is

• A) excise taxes.
• B) individual income taxes.
• C) payroll taxes.
• D) corporate income taxes.
• E) customs duties.

---

Definitions:

Administrative Body

An organization with authoritative or regulatory functions within a governmental or institutional framework.

Arbitrarily

Acting based on random choice or personal whim, rather than any reason or system.

Licence To Practise

A formal permission granted to an individual or organization to engage in a profession or activity that is regulated by law.

Administrative Bodies

Organizations or agencies created to implement and manage government policy, regulations, and public programs.