The Amount of Sales Tax Collected by a Retail Store

question 107

Multiple Choice

The amount of sales tax collected by a retail store when making sales is

• A) a miscellaneous revenue for the store.
• B) a current liability.
• C) not recorded because it is a tax paid by the customer.
• D) recorded as an operating expense.

---

Definitions:

Sensory And Motor Functions

The processes related to receiving sensory input from the environment and producing movements and actions in response.

François Magendie

A French physiologist known for his pioneering research in experimental physiology and his contributions to the understanding of the nervous system's functions.

Segregation

The act of separating individuals or groups apart from each other based on different criteria, such as race, gender, or socio-economic status.

Autonomic Nervous System (ANS)

A component of the peripheral nervous system that controls bodily functions not consciously directed, such as breathing, the heartbeat, and digestive processes.