-Sales Taxes Are Routinely Collected by

question 37

Multiple Choice

-Sales taxes are routinely collected by

• A) the merchants selling the good or services.
• B) the Internal Revenue Service.
• C) the Department of Commerce.
• D) the Federal Trade Commission.

---

Definitions:

Management Change

The process, initiative, or event that involves a significant shift in a company's management structure or strategy.

Business Unit

A segment within a larger organization that operates independently with its own strategy and financial objectives.

Profit Components

Specific elements that contribute to a company's profit, including revenue, cost of goods sold, operating expenses, and other income or costs.

Manager Responsibility

The obligation of managers to plan, control, and make decisions that align with the strategic objectives and financial performance of the organization.