What Is the Largest Source of Revenue for the Federal

question 237

Multiple Choice

What is the largest source of revenue for the federal government?

• A) Social Security taxes
• B) sales tax
• C) corporate income taxes
• D) personal income taxes

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Definitions:

Sales Contest

A short-term incentive designed to elicit a specific response from the sales force.

Bonus

A payment made at management’s discretion when the salesperson attains certain goals; usually given only periodically, such as at the end of the year.

Sales Management

Involves the planning, direction, and control of personal selling activities, including recruiting, selecting, training, motivating, compensating, and evaluating, as they apply to the sales force.

Personal Selling Activities

Direct interaction between sales representatives and potential customers to persuade the customer to make a purchase.