USE THE FOLLOWING DATA TO ANSWER THE QUESTION

question 16

Multiple Choice

USE THE FOLLOWING DATA TO ANSWER THE QUESTION.
Swamp City contains the following properties:

All property is currently taxed at 3% of assessed value.
-Fractional assessment refers to:

• A) the practice states use to divide formula funding among cities.
• B) the balance of corporate profits across state jurisdictions.
• C) assessing properties at less than market value for tax purposes.
• D) None of the above.

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Object Dependencies

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