Which of the Following Is Not a Cost of Taxes

question 102

Multiple Choice

Which of the following is not a cost of taxes to taxpayers?

• A)the tax payment itself
• B)deadweight losses
• C)administrative burdens
• D)goods and services provided by the government

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Definitions:

Cash Dividends

Payments made by a company out of its earnings to its shareholders, often distributed on a regular basis.

Indirect Method

A technique used in cash flow statement preparation that adjusts net income for the effects of transactions not involving cash.

Operating Activities

The business activities directly related to providing services and producing goods, including revenue and expense transactions.

Accrued Liabilities

Expenses that have been incurred but not yet paid, recognized on the balance sheet for accounting purposes.