Which of These Tools Has Governor Jerry Brown Used to Balance

question 27

Multiple Choice

Which of these tools has Governor Jerry Brown used to balance the state's annual budget?

• A)raising substantially the fees and penalties that drivers pay for traffic violations
• B)raising the excise taxes on tobacco and alcohol
• C)endorsing a proposition to temporarily raise the state sales tax by ¼ percent
• D)raising taxes on those on the bottom of the income scale

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Definitions:

Account Category

A classification used in accounting to organize financial transactions, such as assets, liabilities, equity, revenue, and expenses.

Net Sales

The total revenue from sales transactions after deducting returns, allowances, and discounts.

Discount Period

A specified period within which a buyer can pay less than the full amount due by taking advantage of a discount offered by the seller.

Customer

An individual or entity that purchases goods or services from a business.