The Primary Responsibilities of the ________ Are the Assessment and Collection

question 59

Multiple Choice

The primary responsibilities of the ________ are the assessment and collection of all duties, taxes, and fees on imported merchandise, the enforcement of customs and related laws, and the administration of certain navigation laws and treaties.

• A)U.S. Customs and Border Protection
• B)U.S. Secret Service
• C)Internal Revenue Service
• D)Food and Drug Administration

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Definitions:

Well Enforced

A term indicating that laws or regulations are effectively implemented and adhered to.

Future Value

The value of an investment or sum of money projected at a future date, taking into account factors like interest rates or returns.

Economic Forces

Factors that influence the direction of an economy, including supply and demand, inflation, and employment levels.

Non-Renewable Resources

Natural resources that cannot be replenished once used, such as fossil fuels and minerals.