As of 2005,the Largest Source of Receipts for State and Local

question 84

True/False

As of 2005,the largest source of receipts for state and local governments was individual income taxes.

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Definitions:

Initial

Pertaining to the beginning, first, or early stages of a process or series.

Management

The process of planning, organizing, leading, and controlling resources in order to achieve the goals of an organization.

Available Resources

The tangible and intangible assets that a company or an individual possesses, which can be utilized to achieve goals, including financial, human, technological, and natural resources.

Managed

The act of overseeing or controlling business operations and decisions to achieve specific objectives.