Which of the Following Provides the Bulk of Revenue for the Federal

question 210

Multiple Choice

Which of the following provides the bulk of revenue for the federal government?

• A) corporate income taxes and grants from state and local governments
• B) personal income and payroll taxes
• C) user charges and funds borrowed from the general public
• D) corporate income and sales taxes

---

Definitions:

Code of Ethics

A set of principles designed to guide the professional conduct of members within an organization or profession.

Political Parties

Organizations that represent specific political ideals and aim to gain power through elections to influence public policy.

Accurate Recordkeeping

This refers to the precise and correct maintenance of business records, ensuring they accurately reflect transactions and events.

Conflicts of Interest

Situations where individuals or organizations have competing interests or loyalties, potentially compromising their decision-making.