Of the Following,the Federal Government's Largest Source of Revenue Is

question 134

Multiple Choice

Of the following,the federal government's largest source of revenue is the

• A) sales tax.
• B) property tax.
• C) corporate income tax.
• D) social security tax.
• E) transfers from state and local governments.

---

Definitions:

Source Document

A primary document that holds the necessary information to verify a transaction recorded in a financial system.

Manual

A handbook or guide that provides instructions or guidelines on how to perform tasks or operate machinery or equipment.

Computerized Accounting System

A software system that is used for processing accounting transactions and managing accounts with minimal manual input.

Title

The legal right to own or possess something, such as property or a title to a vehicle, representing ownership and legal possession.