According to the Benefits Principle, Which of the Following Is

question 177

Multiple Choice

According to the benefits principle, which of the following is the BEST example of taxation?

• A) personal income tax
• B) sales tax
• C) corporate income tax
• D) gasoline tax

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Definitions:

Change Competency

An organization's ability to effectively manage and adapt to changes in the environment, markets, technologies, or internal structures.

Importing Foodstuffs

The process of bringing food products into one country from another to meet demand that cannot be met by local production.

Suppliers Network

A system or group of interconnected businesses that supply goods or services to an organization.

Produce Foodstuffs

The process of creating or growing food products for consumption.