Match Each of the Following Items with the Appropriate Description

question 79

Multiple Choice

Match each of the following items with the appropriate description in determining whether sales/use tax typically must be collected.
-A garment purchased by a self-employed actress.

• A)Taxable
• B)Not taxable

---

Definitions:

Evaluation Period

The designated timeframe during which the performance, efficiency, or effectiveness of a project, program, or strategy is assessed.

Revenue-sharing Contract

An agreement between two or more parties that stipulates the proportion of revenue generated by a business venture to be distributed among the partners.

Consumer Demand

The desire and willingness of buyers to purchase goods and services at various price points.

Vertically Integrated

A company structure where the company owns its supply chain, from raw materials to the sale of the finished product, to control costs and quality.