Which of the Following Is INCORRECT Regarding Zoning

question 18

Multiple Choice

Which of the following is INCORRECT regarding zoning?

• A) Zoning restrictions can be used to regulate, but not to take, private property.
• B) A variance permits an otherwise impermissible use of the property.
• C) A zoning ordinance needs no reasonable relationship to public health, safety, or morals to be upheld.
• D) A nonconforming use may be permitted where property was so used prior to adoption of the zoning ordinance.

---

Definitions:

Book Income

The net income reported by a company as per its financial statements, reflecting its accounting principles rather than taxable income.

Interperiod Tax Allocation

The process of distributing tax expenses or benefits over different accounting periods due to temporary differences between financial accounting and tax accounting rules.

Effective Tax Rate

The average rate at which an individual or corporation is taxed, calculated by dividing the total tax paid by taxable income.

Income Tax Expense

The amount of money a company or individual owes in taxes based on their taxable income for a given period.